Heavy structure steel prices dropped by INR 500/t d-o-d in Raipur on continuous decline in steel billets prices. Thus, prices hit 9-month low in Raipur. The current offer for 150mm channel stands at INR 51,000/t exw. Subdued buying enquiries were observed across the markets. In competitive markets like Durgapur, prices of same sizes stood at INR 49,500-50,000/t.
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