Heavy structural steel prices decreased by INR 300/t d-o-d in Raipur. The current offer for 150 mm channel stands at INR 56,000/t exw. Due to weak demand in structural steel and lack of buying interest amid festive holidays, spot trades were impacted at higher price level that pushed manufacturers to decline the offers. However, trade discounts were hovering around at INR 1,500/t.
Leave a Reply