- Induction furnace-route rebar prices corrected downwards by a marginal INR 200/t to INR 51,300/t exw in Raipur.
- Finished steel prices dropped following the decline in raw material prices (sponge iron and steel billets) along with limited buying enquiries despite high discounts. Around 1,600 t transactions were recorded in today’s trading window.
- Prices in other major markets also decreased amid limited trade.
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