Western India: Mumbai based mills further lower rebar offers by INR 1,000/t ($14)

Mumbai based prominent induction grade rebar manufacturers have further reduced their offers by INR 1,000/t. The current offer for 10-25 mm size now stands at INR 43,000/t exw. This is the fourth price drop seen this week and in total INR 3,900/t has been decreased in rebar against last week, as per SteelMint assessment.


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