Author: Kameshwar Rao
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India: Rebar trade picks up in Raipur as offers fall d-o-d
IF-route rebar (10-25mm) prices dropped by INR 600/t d-o-d to INR 46,400/t exw-Raipur today. 4,200 t of deals were concluded in the price range of INR 46,200-46,500/t exw. Market sources informed that spot sales improved slightly as sellers/traders were selling material at discounted prices. An upward price trend in the northern market in the first…