Author: Kameshwar Rao

Induction furnace-route rebar prices corrected marginally by INR 200/t to INR 51,500/t (10-25mm) exw in Central India’s Raipur due to slow buying inquiries. Around 1,200 t transactions were recorded by SteelMint today. Most buyers have adopted a wait-and-watch approach amid falling prices in northern India despite high trade discounts offered by sellers. Prices are expected…