India: Heavy structural steel prices remain stable

Heavy structural steel manufacturers in Raipur kept stable prices today. The current offer for 150mm channel stands at INR 53,000/t exw. Considering the marginal hike in semi-finished steel prices across regions in the last trading day and limited trade in structural steel, manufacturers kept offers unchanged. However, trade discounts offered by suppliers are hovering at around INR 1,200-1,500/t, sources informed.


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