India: Heavy structural steel prices drop by INR 500/t d-o-d in Raipur
IF route- heavy structural steel prices dropped by INR 500/t d-o-d in Raipur. The current offer for 150mm channel stands at INR 53,000/t exw. Prices were not supported at higher price range owing to a shortage in spot transactions, and higher trade discounts exerted suppliers to decline offers in the spot market. However, trade discounts hovering around INR 1,800-2,000/t.