India: Around 8,000 t of rebars deals concluded in central region’s Raipur

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Induction route-rebars prices rose by INR 800/t to INR 48,100/t exw (10-25mm) in Raipur on the back of active trades in the spot market.
Around 7,900 t of confirmed deals recorded by SteelMint in the price range of INR 47,500-48,200/t in today’s session.
Sources informed that due to an active response in OMC’s iron ore auction, buyers were interested to book material in bulk.

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