Author: Kameshwar Rao

Induction furnace-route rebar prices edged down by INR 200/t d-o-d to INR 47,600/t exw in Raipur due to limited buying inquiries in the spot market. 900 t of confirmed deals were recorded by SteelMint in the price range of INR 47,500-47,800/t. Market participants said that currently there is no selling pressure on mills due to…