India: Heavy structural steel prices further rise by INR 500/t d-o-d in Raipur

Heavy structural steel prices further rose by INR 500/t in Raipur d-o-d. The current offer for 150mm channel stands at INR 54,500/t exw. An improvement in trade activities and support of raw material prices pushed manufacturers to raise their offers. However, trade discounts hovering around INR 1,800-2,000/t. Light structural steel base prices stood at INR 45,000/t ex Raipur.