India: Improved demand uplifts rebar prices by INR 500/t in central India

  • IF-route rebars prices saw an uptick by INR 500/t d-o-d in central India’s Raipur on the back of improved buying interest from buyers/resellers.
  • Around 4,200t confirmed deals recorded by SteelMint in the price range of INR 45,800-46,100/t in today’s session against 1,400t yesterday.
  • Trading improved due to positive trend in northern market amidst lifting of material also improving gradually since last week.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *