After bulk bookings over the last couple of days, Jalna, Maharashtra-based induction furnace rebar mills today observed weak buying enquiries in the spot market and sources informed SteelMint that a limited volume of around 1,500 t was sold by a few mills in the price range of INR 53,700-54,300/t exw(10-25mm) excluding GST. However, manufacturers also informed that dispatches of previous booking orders remained healthy.
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