Author: Kameshwar Rao

The induction furnace-route rebars prices constantly dragged down sentiments in central India’s Raipur due to less transactions and buying enquiries which prompted manufacturers to cut their offers. Around 2,000t rebars deals were concluded in the price range of INR 48,800-49,300/t today against 550t in yesterday’s trade session. A few hot charging mills were selling semi-finished…