- The induction furnace-route rebars prices constantly dragged down sentiments in central India’s Raipur due to less transactions and buying enquiries which prompted manufacturers to cut their offers.
- Around 2,000t rebars deals were concluded in the price range of INR 48,800-49,300/t today against 550t in yesterday’s trade session.
- A few hot charging mills were selling semi-finished product into spot market.
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