Author: Abhishek Bhalla

  • India: Will Primary Producers Hike Rebar Offers in May?

    India: Will Primary Producers Hike Rebar Offers in May?

    Indian rebar offers from major primary mills had rallied since last couple of months, however it would be interesting to see whether it will continue in the month of May’19 too? The current trade reference rebar (12mm) prices of large mills is evaluated at around INR 41,000-41,500/MT Ex-Mumbai/Chennai & INR 41,500-42,000/MT Ex-Delhi, excluding 18% GST.…