Heavy structural steel prices fell further by INR 500/t d-o-d in Raipur. The current offer for 150mm channel stands at INR 55,000/t exw. Sluggish demand and higher trade discounts in the spot market compelled manufacturers to decline the offers. Structural steel prices fell by INR 1,000/t in last 2 days. However, trade discounts were hovering over INR 1,500/t.
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