Author: Piyush S Verma
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India: Secondary re-bar prices remain supported on rising billet prices
Induction furnace (IF) grade re-bar prices remained supported across markets on 12 Aug’21 owing to the consistent rise in semi-finished steel prices. Moderate transactions were observed in re-bar that varied across markets, while manufacturers in the western and southern regions preferred to keep offers stable with slight adjustments in discounts. Others hiked prices marginally by…