Author: Kameshwar Rao
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IF-route rebar demand continues to remain weak in Raipur, prices soften d-o-d
IF-route rebar prices corrected downwards by INR 200/t d-o-d in Raipur on fewer buying enquiries. Only 700 t of deals were recorded in today’s trading session. The market remained mostly silent due to the upcoming festival of Vishwakarma Pooja. The conversion spread from steel billets (100 mm size) to rebar (10-25mm) currently stands at INR…