Intel Details

India: Heavy structural steel prices drop further by INR 500/t in Raipur, Chhattisgarh

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2 Jun 2022, 12:25 IST
Steel Mint Intel

Heavy structural steel manufacturers in Raipur cut offers further today by INR 500/t. The current offer for 150mm channel stands at INR 53,500/t exw. Sharp fall in semi-finished steel prices in key markets over the last two trading sessions and weak market sentiments due to low purchase enquiries for structural steel forced manufacturers to reduce offers. However, trade discounts offered by the suppliers are around INR 1,000/t.

2 Jun 2022, 12:25 IST
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