India: Heavy structural steel prices increase by INR 500/t d-o-d in Raipur
Heavy structural steel prices increased by INR 500/t in Raipur d-o-d. The current offer for 150 mm channel stands at INR 54,000/t exw. Owing to increased steel billets prices in the key markets, suppliers were prompted to raise offers. Limited deals of 1,000-1,200 t recorded at INR 51,700-52,300/t ex-Raipur. However, trade discounts hovering around INR 1,800-2,000/t.