Few state owned as well as private major steel mills in south, east & western India have roll-over rebar prices for Jun’20, officials reported SteelMint. Prices have remain unchanged considering sufficient inventories among distributors along with limited construction activities. Currently, 12mm rebar offers reported at INR 35,000/MT EXW-Bokaro & INR 38,500/MT EXW-Chennai, yard. However, procurement price of trade associates is lower by INR 500-750/MT than current offers based on region and purchase quantity.
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