Author: Piyush S Verma
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India: Over 12,000 t of rebars sold by Jalna based IF mills
Jalna-based (Maharashtra) major induction furnace mills reported improved trades today and over 12,000 t rebar deals were reported by a few mills at a price range of INR 58,500-59,500/t exw for 10-25mm, excluding GST. Manufacturers declined prices today morning by INR 1,000/t but later, increased by INR 200-500/t with fresh offers at INR 59,700-60,000/t exw.