- IF-route rebar prices have risen marginally by INR 200/t d-o-d in central India’s Raipur following an uptick in steel billet prices amidst moderate buying interest from retailers. About 1,800 t of transactions were recorded today.
- Prices in other markets also remained positive owing to improvement in prices of semi-finished steel.
- The near-term price outlook is rangebound considering spot trading activity.
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