Author: Akshay Bedekar
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India: IF-route rebar prices increase d-o-d across markets
Induction furnace-route rebar steel prices increased by up to INR 1,200/t except in a few markets of western and southern regions. Supported semi finished steel prices during the first half of the day pushed suppliers to raise offers. Limited trade and transactions were seen today in the spot market. Manufacturers are also offering trade discounts,…