India: Heavy structural steel prices remain stable in Raipur, Chhattisgarh

Heavy structural steel manufacturers in Raipur opened prices at stable levels today. The current offer for 150mm channel stands at INR 56,500/t exw. Lack of demand for structural steel across regions was the result of falling billet prices. Currently trade discounts given by the suppliers in Raipur are up to INR 2,000/t. However, in nearby markets such as Durgapur prices of strucutural steel are hovering around INR 53,800-54,300/t.


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