Induction route-rebars prices were slightly corrected by INR 100/t to 48,100/t (10-25mm) exw in central India’s Raipur, following less buying enquiries in the spot market. However, no sales pressure was noticed on rerollers due to adequate future booking in hand. Although, some traders informed that buyers were bidding at lower prices with an expectation of prices to fall in near future.
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