India: Heavy structure steel prices rebound d-o-d

  • Heavy structural steel prices in Raipur moved up marginally by INR 200/t d-o-d on the back of an uptick in steel billet prices on yesterday’s trading session. The current offer for 150mm channel stands at INR 56,200/t exw.
  • Suppliers are giving trade discounts of around INR 1,200/t.
  • Yesterday, structure steel prices plunged by INR 1,500/t to INR 56,000/t exw.

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