Heavy structural steel manufacturers in Raipur – one of the major supply markets in Central India, have further increased the prices by INR 500/t today. The current offer for 150 mm Channel stands at INR 46,500/t exw. However, they also offered trade discounts depending upon the quantity and market requirement. Structural steel price increased by total INR 2,000/t this week. Higher raw material prices remained as the major factor behind consistent price rise in structure steel, trade sources reported to SteelMint.
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