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

Heavy structural steel prices remained stable d-o-d in Raipur on 23 Sept’22. Current offers for 150mm channels stand at INR 55,000/t exw. Despite weak buying enquiries in the spot market, manufacturers kept offers unchanged amid a slight improvement in steel billets prices in the last trading session. However, discounts hovers around INR 1,500-1,700/t.


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