Author: Kameshwar Rao

Induction furnace-route rebar prices continued declining in central India’s Raipur due to less transactions and buying enquiries. Prices fell by INR 400/t d-o-d today. 1,250 t of deals were concluded in the price range of INR 45,800-46,200/t, down sharply by 70% compared to yesterday. Prices in other markets also corrected slightly due to poor offtake…