Author: Kameshwar Rao

IF-route rebar prices declined by INR 200/t to INR 48,500/t exw in Raipur. 3,000 t of deals were concluded at a price range of INR 48,300-48,700/t, down 23% compared to yesterday. Sources said that active buying enquiries were seen in the spot market. But due to the offer-bid disparity and slow offtake, inventories were higher…