Author: Akshay Bedekar
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India: Rebar prices rise across markets after a long gap
Induction furnace rebar prices improved today across regions. In most markets prices surged in the range of INR 300-1,300/t except in a few markets in south India. The steep rise in raw material prices strengthened rebar prices. Improved purchase enquiries and trades were witnessed across locations that supported manufacturers to increase offers. Prices are expected…