- IF-route rebar prices inched down by INR 200/t to INR 51,500/t exw-Raipur on moderate demand in the spot market.
- 1,700 t of transactions were recorded in the price range of INR 51,300-51,600/t.
- Market participants said that despite high trade discounts offered by re-sellers, most buyers were silent as they are anticipating a price correction following the downtrend in the Mandi market.
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