- IF-route rebar prices corrected downwards by INR 200/t d-o-d in Raipur on fewer buying enquiries. Only 700 t of deals were recorded in today’s trading session.
- The market remained mostly silent due to the upcoming festival of Vishwakarma Pooja.
- The conversion spread from steel billets (100 mm size) to rebar (10-25mm) currently stands at INR 3,800-4,000/t.
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