Author: Akshay Bedekar

  • India: Rebar prices increase by up to INR 1,500/t

    India: Rebar prices increase by up to INR 1,500/t

    Induction furnace rebar prices surged today ranging from INR 400-1,500/t across major locations, SteelMint assessment shows. Factors behind the sharp hike in prices are: Improvement in buying enquiries and spot trading activity in the market. Healthy future booking orders with manufacturers. Rise in raw material prices in key markets. All these factors indicate that prices…