Author: Abhishek Bhalla

  • Falling Seasonal Demand Weighs On Indian Rebar Market

    Falling Seasonal Demand Weighs On Indian Rebar Market

    Mid sized mills in central & western India have cut rebar production on the back of dull domestic demand. Mills have lowered production by 30-40% which lead to fall in inventories. Inventories have comparatively lowered than previous week. However in remaining markets the mills utilization remained on same line close to 80-90%, SteelMint learned in…