Author: Kameshwar Rao
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IF-route rebar prices rise further in central India, amid surge in raw material prices
IF-route rebar prices rose by INR 400/t d-o-d in Raipur today following an uptick in sponge iron, billet prices. Around 2,100 t of rebar transactions happened in Raipur against 5,200 t yesterday. The limited trade was due to adequate bookings in the last few days ahead of Rakhi festival. Prices in other locations remained positive.…