Author: Kameshwar Rao

IF-route rebar prices dropped marginally by INR 100/t to INR 52,600/t (10-25mm) exw in Raipur today. Trade enquiries were slow throughout the day and limited volumes were traded. A few reliable sources informed that mills have piled-up inventories as only 60-70% of their produced material is getting dispatched on daily basis. If the situation continues,…