Author: Kameshwar Rao

IF-route rebar prices remained stable at INR 51,300/t d-o-d in Raipur on moderate demand. Around 3,150 t confirmed deals were recorded in today’s session. Trade participants expect that prices may remain range bound in the short term considering raw material price trend. The conversion spread from steel billets (100 mm) to rebar (10-25mm) currently stands…