Induction route-rebars prices saw positive trend in central India-based Raipur following a slight upsurge in raw material (Billets & Sponge) prices. Around 1,500 t of transactions were recorded in the price range of INR 47,700-48,000/t in today’s session. Market participants informed that buyers/resellers are not in a hurry to book in bulk considering low demand and less transaction in the spot market.
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