Heavy structure steel prices increased further by INR 500/t d-o-d in Raipur. The current offer for 150mm channel stands at INR 56,500/t exw. The rise in billet prices and moderate trade of over 1,000 in structural steel on last trading day pushed suppliers to raise offers. Prices have increased by INR 1,800/t till now this week. Trade discounts are hovering at around INR 1,000-1,200/t today.
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