Author: Akshay Bedekar
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India: Weak buying interest weighs on rebar prices
The domestic rebar market witnessed weak buying enquiries amid declining raw material prices on 20 Dec’21. Most locations in the country witnessed a price correction except a couple of markets in the northern region. Trade participants shared with SteelMint that slow future bookings and limited spot trades forced re-rollers or re-sellers to either adjust price…