India: Domestic rebar prices continue to rise

IF-route rebar manufacturers across regions in India have further increased offers today. Favourable transactions and trades in the spot market along with a sharp rise in raw material prices pushed up rebar prices. In most markets, suppliers witnessed adequate future bookings in last few days. Meanwhile, in some other markets, there was a shortage of specific sizes of rebars which also lend support to its prices, SteelMint learnt.


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