India: Structural steel prices rise by INR 500/t ($7) in Raipur

Heavy structural steel prices in Raipur have surged by INR 500/t, as per latest reports. The current offer for 150 mm channel stands at INR 52,500/t exw. However, sellers are offering trade discounts depending on quantity and market requirements. Higher raw material costs and moderate transactions in the two days have prompted manufacturers to increase structural steel prices, sources reported.


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