Author: Piyush S Verma
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India: Secondary rebar market remains dull on weak semi-finished steel prices
Induction furnace grade rebar prices declined further by INR 100-600/t d-o-d in most of the major supply regions of the country, with the exception of the Mumbai market where steady transactions for the last couple of days have prompted rebar sellers to raise prices by INR 600/t. A sharp fall in semi-finished steel prices by…