- Induction furnace-route rebar prices fell by INR 100/t to 51,900/t (10-25mm) exw in Raipur. Around 3,900 t of confirmed deals were recorded today as against 1,400 t yesterday.
- Trade participants informed that buyers were not interested to booking material at higher rates owing to the fluctuation in steel prices.
- Prices may rise slightly due to the recent hike in prices announced by the BF mills.
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