India: Heavy structural steel prices drop INR 500/t in Raipur

Heavy structural steel manufacturers in Raipur decreased prices by INR 500/t. The current offer for 150mm channel stands at INR 63,500/t exw. Due to uncertainty in raw material price trend along with subdued trading in structural steel since last few days forced manufacturers to lower offers. However, trade discounts offered by suppliers at over INR 1,000/t.


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