IF rebar prices edge higher in Raipur, demand remains moderate

  • Induction route-rebar prices moved up marginally by INR 100/t in Raipur, Chhattisgarh on 2 Aug’22 despite slow trade activities. Around 2,100 t transactions were recorded today.
  • A slight recovery in raw material (pellets, sponge iron and billets) prices have pushed re-rollers to inch up rebar prices.
  • Prices in the other markets also increased on the back of higher semi-finished offers.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *