- Induction route rebar prices in Raipur fell by INR 400/t to INR 52,300/t exw on less buying enquiries amidst falling raw material prices (sponge iron and billet). Around 1,100 t transactions were recorded today.
- A few re-rollers informed that they are currently operating mills at 50% capacity. Even after this, inventory is piling up due to slow activities.
- Prices in other locations corrected/remained stable owing to limited sales.
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