Author: Abhishek Bhalla
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Central India: Raipur based mills lower rebar offer for the second time in a day
Raipur based mid-sized rebar manufacturers have further reduced their offer by INR 1,000/t today. Total price reduction for the day is recorded at INR 1,400/t ($19) d-o-d. The current rebar offer for 10-25 mm size now stands at INR 39,400/t, SteelMint learnt from trade channels. The offers were reduced amid bearish sentiments as continuously falling…