Author: Kameshwar Rao

IF-route rebar prices increased by INR 400/t to INR 50,700 (10-25mm) in Raipur following an improvement in gauge parity. Only 700 t of deals were recorded in the range of INR 50,500-50,800/t today. Market participants informed that buying enquiries slowed amid offer-bid disparity between sellers and buyers of around INR 300-400/t due to price fluctuations…