- Induction-route rebars prices saw constantly dragging down since last few days due to muted buying enquiries in the spot market.
- Only 800t rebars deals were concluded in the price range of INR 46,400-46,700/t (10-25mm) in today’s trading window.
- Market sources said that buyers opted wait-and-watch mode due to falling prices in northern India, despite offering high trade discounts.
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