Author: Kameshwar Rao
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India: IF-route rebar prices remain firm d-o-d in Raipur
IF-route rebar (10-25mm) prices remained stable d-o-d at INR 52,000/t in Raipur today amid limited spot trade activities. Confirmed deals of 1,400 t were recorded. Trade participants informed that due to the downtrend in semi steel prices in Mandi Gobindgarh, buyers held back their bids amidst an expected price fall in the near term.