IF-route rebar prices in Raipur see marginal drop

  • Induction furance-route rebar prices corrected marginally by INR 100/t d-o-d in Central India’s Raipur on the back of moderate sales in the spot market. Around 2,600 t of transactions were recorded today.
  • The market saw offer-bid disparity of around INR 300-400/t due to which few deals were not concluded.
  • In other locations, prices fluctuated between INR 100-400/t amid subdued demand.

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