Author: Rounak Gairarey
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Central India: Rebar price in Raigarh drops by INR 1,500/t
Induction grade rebar prices fell by INR 1,500/t over a week and INR 800/t yesterday. As per the sources, dull demand for rebar from the last few days and continuously falling billet prices pushed manufacturers to reduce their offers. With lockdown in Raipur to control the second wave of COVID-19, steel prices may remain under…