Author: Akshay Bedekar
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India: IF rebar prices stable, trade remains weak
The IF rebar market witnessed weak buying enquiries and trading activity today. Manufacturers preferred to keep offers stable in most markets or varied these marginally in a few locations, by INR 100-300/t, d-o-d. SteelMint observed that volatile sentiments in the semi-finished steel market also put a brake on spot trading activity in rebar.