Author: Abhishek Bhalla

  • India: Rebar Demand in Secondary Market Turns Weak; Prices Fall

    India: Rebar Demand in Secondary Market Turns Weak; Prices Fall

    Indian secondary rebar market remains depressed over slow demand following weak sentiments across regions. Meanwhile disturbed construction activities have halted rebar supply movement specifically in south & western India. This has mounted selling pressure with the large as well as medium/small scale producers in domestic market. As per assessment, the prices have fallen by around…