Author: Abhishek Bhalla
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India: Rebar Demand in Secondary Market Improves
Indian secondary rebar market observed better response from users end and trade volumes improved following strengthening buying inquiries and prices increased by INR 200-300/MT on D-o-D basis. However, on weekly basis rebar prices marked fall of INR 600-800/MT (USD 8-12) across regions amid high selling pressure and more than average stocks. Northern Region – Demand…