India: Moderate demand keeps rebar prices stable d-o-d in Raipur

  • IF route rebars prices in Raipur were unchanged at INR 48,500/t d-o-d (10-25mm).
  • Around 2,600t rebars deals were concluded in the price range of INR 48,400-48,700/t against 3,000t in yesterday’s trade session.
  • Market sources informed that due to positive trend in northern markers in the first half of the day, prices were supported in the spot market. Later, prices dropped slightly.

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