Heavy structural steel manufacturers in Raipur increased prices by INR 500/t d-o-d. The current offer for 150mm channel stands at INR 58,300/t exw. Manufacturers increased their offers following a hike in raw material prices in the spot market and adequate booking orders received. Prices rose by INR 800/t in the past two days. Currently, trade discounts are hovering up to INR 2,000/t.
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