Author: Kameshwar Rao

Rebar (size 10-25 mm) prices corrected downwards by INR 200/t to INR 49,400/t exw-Raipur. The similar offers were last seen in Jun’22. However, despite a drop in offers, bookings remained limited. Merely 550 t of deals were concluded at INR 49,200-49,500/t exw. Market participants informed that buyers were on a watch-and-watch mode on expectations of…