Author: Piyush S Verma
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India: Secondary re-bar prices rise as buying interest improves
The induction furnace (IF) grade rebar market witnessed an improvement in trading activities today in most of the major markets, with re-bar prices moving up in the range of INR 200-600/t d-o-d. However, a few markets in the western and southern regions witnessed subdued trading, which forced manufacturers to adjust prices. Rising semi-finished steel prices…