Heavy structural steel prices remain stable in central India

Heavy structural steel manufacturers in Raipur have kept prices stable today. Suppliers hiked offers by INR 1,000/t yesterday evening and the current offer for 150mm channel stands at INR 56,500/t exw. Semi-finished steel prices are rising across regions over the past few days, which are keeping structural steel prices supported. However, limited buying and moderate spot bookings are being reported. Trade discounts are hovering up to INR 1,500/t.


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