Heavy structural steel manufacturers in Raipur opened prices at stable levels today. The current offer for 150mm channel stands at INR 53,500/t exw. Prices of semi-finished steel increased in the central region which supported the hike of INR 500/t in offers during late trading yesterday. Although decent spot bookings were reported yesterday, trade discounts hovered around at INR 900-1,200/t, sources informed.

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