India: Rebars prices inch up despite moderate demand in Raipur

  • IF-route rebars prices rose by INR 300/t d-o-d in Raipur. However, on rising offers demand turned moderate. 1,400 t of transactions were recorded against 3,000 t on yesterday’s trading session.
  • Some participants informed spot trades were slightly low today due to adequate bookings concluded in the last few days by buyers/resellers.
  • Prices in other few locations also remain positive on the back of supporting steel billets prices.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *