Re-bar market remains dull with lower off-take

Re-bar market remained dull on Thursday. 

TMT prices corrected further by Rs 100-200/MT at few mandis' and its off-take
continued to be low.

According to trader based in Ahmedabad, “Demand has not
picked up as per the expectations of a revival in the beginning of May.
Procurement is still low. Booking volumes have come down to 50-80 MT per day
which was earlier 150-200/MT when the market was at its peak.”