Author: Kameshwar Rao

IF-route rebar prices inched down by INR 200/t to INR 51,500/t exw-Raipur on moderate demand in the spot market. 1,700 t of transactions were recorded in the price range of INR 51,300-51,600/t. Market participants said that despite high trade discounts offered by re-sellers, most buyers were silent as they are anticipating a price correction following…