IF-origin rebars prices further dip by INR 100/t d-o-d in Raipur

  • Induction route-rebars prices dropped further by INR 100/t to 47,300/t exw in Raipur, following a decline in raw material prices like sponge iron and steel billets amidst less buying enquiries.
  • Only 800t of transactions recorded by SteelMint in today’s trading window in the price range of INR 47,200-47,500/t.
  • Prices in other markets also decreased on the back of limited offtake of material.

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