Author: Abhishek Bhalla
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India: Domestic Rebar Prices Surge in Secondary Market
Indian Secondary rebar prices surged amid strengthening raw material prices and positive sentiments resulting in considerable trade volume across regions. As per weekly analysis, secondary rebar prices have increased by around INR 1,000-2,000/MT (USD 14- 28) across overall regions and large mills also increased prices by around INR 500-700/MT for February deliveries. However, in few…