Author: Abhishek Bhalla
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India: Domestic Rebar Prices Increase amid Rally in Billet Prices
Prices moved up to INR 1,000/MT on daily basis in specific regions and as per market participants strengthening raw material (Billet) prices and positive sentiments have supported price hike. As per participants, trade volume increased in specified regions for more than a week’s bookings. However in the beginning of week inventory level was slightly higher…