Intel Details

IF-rebar prices see marginal correction in Raipur, Chhattisgarh

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1 Jul 2022, 19:19 IST
Steel Mint Intel

  • Induction route-rebar (10-25mm) prices corrected slightly by INR 200/t to INR 52,600/t exw-Raipur in Chhattisgarh. However, there was no selling pressure on re-rollers as they have adequate future bookings in hand. Also, a few plants are yet to receive earlier booked billets which limited any sharp fall in rebar prices despite dull buying interest.
  • However, prices in few other locations rose by INR 300-1,000/t, d-o-d, due to the rally in steel prices in the northern region.

1 Jul 2022, 19:19 IST
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