Author: Abhishek Bhalla
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Indian Large Players Re-bar Inventories Fall to Around 650,000 MT in Oct- SteelMint
Inventories of construction steel re-bar with large mills in India dropped to ~650,000 MT at the end of October, according to recent survey done by SteelMint. According to estimates, these numbers were about ~900,000 to 950,000 MT at the end of September. Large mills (specially private) have been aggressively liquidating their inventories since Sept end.…