Author: Abhishek Bhalla
-
India: Raipur rebar producers conclude deals for Chennai
Market participants in the central and southern regions informed SteelMint that a few rebar transactions, around 2,000 t in all, have been concluded from Raipur to Chennai on reasonable costing, with freight charges at INR 3,000-3,100/t. The current rebar trade reference price is at INR 43,600/t, exw-Raipur and INR 48,300/t, exw-Chennai. So, the landed cost…