Author: Abhishek Bhalla
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India: Domestic Rebar Prices Drop on Sluggish Demand
Indian Rebar market has observed limited trade amid lack of inquiries. As per SteelMint assessment, local Rebar prices drop by around INR 200-400/MT (USD 3-6) day-on-day & by INR 500-900/MT (USD 7-13) in week duration. The Medium/small scale Rebar producers have mentioned, buying inquiries are very limited and some of the regions are observing heavy…