Author: Abhishek Bhalla

  • India: Rebar Demand in Secondary Market Remains Thin

    India: Rebar Demand in Secondary Market Remains Thin

    Rebar trade volumes in Indian secondary market remained thin amid slow movement leading to selling pressure. This has resulted fall in price range by INR 200-300/MT, day on day basis. Following subdued demand, the mills have adjusted production which is around 70-75% in one of the key supplying markets – central India (Raipur) and inventory…