IF-route rebar prices in Raipur rebound on improved buying

Induction furnace-route rebar prices moved up marginally by INR 100/t d-o-d in central India’s Raipur market on the back of improved buying inquiries and trade activities. Around 5,900 t deals were recorded by SteelMint in yesterday trading session. A price uptick in raw materials (sponge iron and steel billets) boosted confidence in re-rollers.


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