IF-route rebar demand slows down on rising offers in Raipur

  • IF-route rebar prices went up by INR 300/t d-o-d in Raipur but demand was moderate on rising offers. Around 1,800 t transactions were recorded against 5,500t yesterday.
  • Market sources informed that spot trades were slightly lesser today due to the offer-bid disparity by around INR 300-400/t.
  • Prices in other markets remained positive on the back of supportive steel billet prices.

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