IF-rebar prices edge higher in Raipur on active trading

  • Induction route rebar prices inched up by INR 200/t, d-o-d, in Raipur market. Around 4,500 t transactions were recorded today against 7,000 t yesterday.
  • Rebar prices firmed up amidst strong demand and following the rally in sponge iron and billet prices.
  • SteelMint learnt that Goel TMT has increased re-bar (Fe-500D, 10-25 mm) prices by INR 700/t to INR 54,600/t exw and GK TMT hiked prices by INR 300/t to INR 54,200/t (GST and other charges extra).

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