India: Heavy structure steel prices stable d-o-d in Raipur

Heavy structure steel prices remained stable d-o-d in Raipur today. The current offer for 150mm channel stands at INR 56,000/t exw. Due to price fluctuations in raw materials (sponge iron and billets), manufacturers are keeping offers stable since past few days. However, trade discounts are on the higher side by upto INR 2,000/t. In Durgapur (eastern region), prices of the same size were at INR 54,200-54,700/t till last week.


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