Author: Kameshwar Rao
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Rebar prices witness marginal correction in Raipur, central India
Induction furnace-route rebar prices corrected marginally by INR 100/t to 50,600/t (10-25mm) exw in Central India’s Raipur today. Around 2,500 t of transactions were recorded by SteelMint in the price range of INR 50,500 to 50,800/t exw. Market participants informed that trade activities improved due to the slight hike in discounts by resellers and retailers.