Author: Akshay Bedekar
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India: Rebar prices correct by around INR 500/t d-o-d
Induction furnace rebar steel prices corrected by INR 500/t today. Markets remained stable today and traders and buyers procured rebar on as per their immediate needs. Slow movement in semi-finished steel over the last few days has weakened market sentiments and sources are expecting a correction in prices in the near term. Selling pressure on…