Author: Kameshwar Rao

IF-route rebar (10-25mm) prices fell significantly by INR 1,800/t d-o-d to INR 44,700/t exw in Raipur on 24 Nov’22. 1,400 t of confirmed deals were recorded in the price range of INR 44,400-44,800/t. Increasing selling pressure on mills due to pile-up inventory along with a constant fall prices of raw materials (sponge iron and billets)…