IF-route rebars prices edge down by INR 200/t d-o-d on slow trading

  • Induction route-rebars prices were constantly corrected in Raipur owing to lack of trading in the spot market.
  • Only 700t of transactions were recorded in the price range of INR 47,300-47,500/t in today’s session.
  • Market participants shared that buyers were bidding at lesser prices due to slow market trend in northern markets amidst a few who opted wait and watch mode to get clear market direction.

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