Rebar prices fall in Raipur, demand muted amid sluggish trend

  • IF-route rebar prices corrected by INR 400/t to INR 55,100/t exw in Raipur market. Despite price correction, no active booking was seen in the spot market. A few trade participants informed that due to sluggish trend in northern markets, buyers opted for a wait-and-watch mode.
  • Prices in southern and eastern regions fell by INR 200-500/t, d-o-d, amidst weak trade inquiries.

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