Author: Abhishek Bhalla
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Indian Secondary Rebar Market Observed Limited Trades
Rebar demand with secondary (medium scale) mills was reported to be dull amid liquidity crunch observed in major supplying regions, hence this led to price reduction of more than INR 1,000/MT (USD 14) in a week’s duration. As SteelMint learned from sources, rebar prices might come down as considerable selling pressure exists due to sufficient…