Author: Kameshwar Rao
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India: Rebar prices inch up in Raipur on improved demand
IF-route rebar prices were up marginally by INR 200/t d-o-d in central India’s Raipur market on improved buying interest. About 2,500 t of transactions were recorded today. Logistics concerns and high raw material prices supported rebar price hike, reliable trade participants told SteelMint. However, overall finished steel demand is still slow in the market. Buyers/retailers…