- Jalna, Maharashtra-based mills recorded over 10,000 t of rebar deals while Raipur suppliers concluded around 3,400 t transactions today.
- However, due to aggressive selling in Raipur, SteelMint price assessment fell by INR 200/t to INR 50,800/t exw (size 12-25mm).
- Prices are expected to recover on active demand along with slight upward movement in raw material (sponge iron and billet) prices in today’s trading session.
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