India: Heavy structural steel prices drop by INR 500/t d-o-d in Raipur

Heavy structural steel prices fell by INR 500/t d-o-d in Raipur. The current offer for 150mm channel stands at INR 52,500/t exw. Due to weak buying interest and sharp falling in steel billets prices suppliers were compelled to decline the offers. In other markets also, lower momentum in trades and inactive buying were seen in structural steel.


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