Author: Abhishek Bhalla
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Indian Large Mills raise Rebar Prices on Falling Inventories – Survey
Indian large steel mills have raised construction grade re-bar prices by INR 500-1000/MT (USD 7-14) on falling inventories according to SteelMint’s recent survey. Current prices for 12-32 mm re-bar stands at around INR 35,000-35,500/MT against INR 34,500/MT last month on Ex Delhi basis. Re-bar Inventories fall by 100,000 MT in Nov on re-stocking from traders…