Author: Kameshwar Rao

Induction furnace-route rebar prices moved up marginally by INR 100/t d-o-d in Raipur today on active trade. Around 4,600 t transactions were recorded against 1,400 t yesterday. Finished steel trade improved on supportive sentiments in the northern market. However, there are liquidity issues in the market which is affecting sales of re-sellers.