India: Heavy structural steel prices keep falling in Raipur

Heavy structural steel prices in Raipur have dropped again by INR 500/t on 26 Oct’21. The current offer for 150 mm channel stands at INR 53,000/t exw – down INR 1,000/t in last two days. Manufacturers are offering trade discounts, though. Prices decreased due to declining prices of sponge iron and billet and limited demand and spot trades for structural steel, sources reported.


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