IF grade TMT prices remain volatile in major Indian markets

TMT prices of secondary steel mills remained volatile d-o-d across regions in the country. Although demand and trade activities remained subdued in major markets, minor changes in the cost of raw materials and moderate rebar transactions over the last couple of days have resulted in manufacturers either keeping their offers stable or making slight adjustments as per market requirements. Rebar prices will hinge on semi-finished steel price movements in the days ahead, sources reported.