Author: Kameshwar Rao

India: Rebar offers in central India hit over 10-month low on subdued demand

Nov 11, 2022

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by

Kameshwar Rao

in Rebar

IF-route rebars prices were corrected by INR 200/t to INR 48,100/t exw-Raipur, size 10-25 mm. Similar offers were recorded in the month of Jan’22. However, despite decline in prices no active booking was witnessed. Around 1,700t rebars deals concluded at INR 47,800-48,200/t exw Raipur today. Buyers were less active and there was heavy sales pressure…