IF-route rebar prices edge higher in Raipur tracking price hike in raw materials

  • IF-route rebar prices edged up by INR 300/t d-o-d in central India’s Raipur market following the uptick in raw material prices. About 1,700 t deals were recorded in the region today.
  • Trade inquiries slowed down in the spot market as buyers have adopted a wait-and-watch mode to get a clear price direction.
  • Rebar prices in the other few markets also moved up on the back of high semi-finished steel offers.

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