Indian Rebar Prices

India: IF rebar prices drop by up to INR 500/t

The IF route rebar market witnessed a price correction by up to INR 500/t amid limited transactions in most markets today. However, prices stayed firm at a few locations. In Gujarat prices moved up by INR 200/t on a day-on-day basis. More buying enquiries were reported from Gujarat today due to positive market sentiments despite a correction in semi-finished steel prices across the country.


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