- Induction furnace route rebar prices fell by INR 100/t d-o-d in central India’s Raipur due to low trade enquires despite high discounts.
- Around 1,700 t rebar deals were concluded in the price range of INR 49,800-50,000/t today.
- Some market participants informed that the near-term price outlook may remain bearish on account of slow trade activities.
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