Heavy structural steel manufacturers kept offers stable today in Raipur after revising offers by INR 1,000/t ahead of yesterday’s closing. The current offer for 150 mm channel stands at INR 65,000/t exw. However, suppliers are also offering trade discounts, hovering around INR 1,000/t, depending on buying enquiries in the market which remained moderate over the last couple of days as well as movement in billet prices.
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