The daily Davis Index for rebar in Raipur remained unchanged and settled at Rs31,200/mt ($409.66/mt) ex-works. Businesses across India remain shut amid nationwide lockdown imposed by the central government till April 14. The daily index for billet settled at Rs26,500/mt ($347.95/mt) ex-works Raipur, also flat.
In Mumbai the Davis Index for rebar was at Rs33,400/mt ($438.55/mt), unchanged from Wednesday as trades have come to a standstill. The daily Davis Index for billet in Mumbai was unchanged and settled at Rs28,700/mt ($376.83/mt) ex-works.
In Mandi Gobindgarh, the daily index for ingot settled at Rs29,800/mt ($391.28/mt) ex-works, also flat.