India: Heavy structure steel prices up by INR 500/t in Raipur

  • Heavy structural steel producers in Raipur increased prices by INR 500/t d-o-d on 6 July. The current offer for 150mm channel stands at INR 56,500/t exw.
  • Despite limited trade, suppliers raised offers following the hikes in steel billet prices in the key markets of north and central India seen in past few days.
  • Currently trade discounts are hovering at around INR 1,500-2,000/t.

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