- IF-route rebar prices moved up marginally by INR 100/t d-o-d in Raipur. However, demand was slow at increased offers. Around 1,400 t transactions were recorded by SteelMint in today’s trading session.
- The spot trades were slightly low due to offer-bid disparity amid existing dispatch issues at mills.
- Near-term prices are unlikely to go up and would remain range bound.
Leave a Reply