Author: Kameshwar Rao
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India: Rebar prices rise by INR 500/t in central India on improved demand
IF-route rebar prices marginally up by INR 500/t d-o-d in central India’s Raipur market following improved buying interest from retailers. About 2,450 t of transactions were recorded by SteelMint in the price range of INR 48,200-48,500/t in today’s session. A few reliable trade participants informed that price enhancement in raw material (sponge & billet) pushed…