India: Structural steel prices in Raipur fall sharply by INR 1,000/t

Heavy structural steel prices in Raipur, central India, declined by INR 1,000/t d-o-d. The current offer for 150mm channel stands at INR 65,000/t. Manufacturers are offering trade discounts of around INR 1,000/t depending upon buying enquiries. Weak demand for structural steel amid high prices and falling raw material costs have led to a decline in prices, SteelMint learnt from sources.


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