- IF-route rebar prices dropped by INR 800/t in central India’s Raipur market due to limited transactions and buying enquiries. Around 1,500 t deals were recorded today.
- Sources informed that buyers were less active as they are anticipating a further correction in prices.
- Prices in western region also fell by INR 1,000-1,200/t especially in Maharashtra due to heavy rainfall, leading to poor buying.
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