- Induction-route rebar prices corrected by INR 300/t to INR 52,300/t exw in Raipur market. Despite correction in prices, no active booking was seen in the spot market today. Prices in other markets also corrected marginally on limited bookings.
- Despite weak demand, prices remained supported on the back of an uptick in raw material prices viz. steel billets and sponge iron.
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