SKS Ispat and Power Ltd – one of the major integrated steel plants in Raipur (Chhattisgarh), has raised its heavy structure price by INR 500/t today. The current offer for basic 150 mm channel stands at INR 44,500/t exw. In this week, they have raised offers by a total of INR 1,000/t. Strengthening billet prices has led to an increase in structure price, sources shared with SteelMint. The company produces a variety of structural products like Angles (from 50 mm to 200 mm), Channels (75 mm to 400 mm) and Beams (100 mm to 600 mm) including H beam.
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