India: Structural steel price increases further by INR 500/t ($7) in Raipur

Structural steel manufacturers in Raipur – one of the major heavy structural steel supply markets in Central India, have further increased their price by INR 500/t. The current offer for 150 mm Channel stands at INR 39,500/t exw. Improved trade activities following demand recovery and increasing semi-finished steel prices have pushed manufacturers to raise the prices, trade sources reported to SteelMint.