Author: Akshay Bedekar
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India: Rebar prices rise across markets
Domestic rebar prices increased in the range of INR 100-900/t on 11 Jan’22 across major regions in the country except in Chennai, south India. A sharp rise in steel billet prices offered support to rebar producers to raise offers today. However, limited buying enquiries and transactions were observed in the spot market, sources told SteelMint.