Author: Kameshwar Rao
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IF-rebar prices see marginal correction in Raipur, Chhattisgarh
Induction route-rebar (10-25mm) prices corrected slightly by INR 200/t to INR 52,600/t exw-Raipur in Chhattisgarh. However, there was no selling pressure on re-rollers as they have adequate future bookings in hand. Also, a few plants are yet to receive earlier booked billets which limited any sharp fall in rebar prices despite dull buying interest. However,…