Secondary mills’ rebar prices remained stable on a d-o-d basis in most of the major supplying locations. However despite limited demand, recovering semi-finished steel prices created positive sentiments in the market which led the manufacturers to hold their offers or close their bookings. The current trade price for 10-25 mm rebar stands at INR 42,500-42,700/t exw Raipur, INR 46,000-46,400/t exw Jalna.
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