Author: Nishtha Mukherjee

Indian rebar prices have been escalating. Data, up to the period that SteelMint has been tracking, show that prices touched over 10-year highs recently. Secondary (induction furnace-route) mills’ prices are currently at around INR 53,900/tonne (t) ($715/t) exy Mumbai. These had climbed even higher by INR 5,000-6,000/t ($66-79/t) over the last fortnight. In comparison, distributor-level…