Author: Abhishek Bhalla
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India: Domestic Rebar Prices Move Up on Improved Trades
Encouraging trades in decent volumes resulted in prices to move up by INR 200-500/MT on D-o-D basis in particular regions. As per market participants, they have bookings in hand for next 7-10 days. Amid average inventory levels, selling pressure is likely to remain on lower side for near term . Prices in South region based…