Heavy structural steel manufacturers in Raipur further increased prices by INR 500/t d-o-d today. The current offer for 150mm channel stands at INR 58,800/t exw and trade discount is hovering at INR 1,500-2,000/t. Soaring raw material prices along with limited buying enquiries prompted manufacturers to increase offers. In past three days, prices rose by INR 1,300/t.
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