India: Heavy structural steel prices stable d-o-d in Raipur, but discounts increase

Heavy structural steel prices remained stable d-o-d in Raipur. Current offers for 150mm channels stand at INR 55,800/t exw. Despite weak buying enquiries, manufacturers have rolled over offers today following an uptick in raw material prices. However, discounts increased to INR 1,500-1,800/t. In competitive market of Durgapur, eastern India, prices of the same size structurals stood at INR 54,600-55,000/t yesterday.


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