India: Heavy structure steel prices stable d-o-d in Raipur

  • Heavy structural steel manufacturers in Raipur kept prices stable today. The current offer for 150mm channel stands at INR 58,800/t exw.
  • Despite limited trade, prices remained supported due to an increase in raw material (sponge iron and billet) prices. Currently, trade discounts given by suppliers are at around INR 1,500-2,000/t.
  • In Durgapur market, prices of the same size material are hovering at INR 56,700-57,000/t exw.

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