Author: Piyush S Verma
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India: IF grade rebar prices remain rangebound across markets
Induction furnace route rebar prices remained rangebound in most of the major markets on 9 Jun’21, while manufacturers in Mumbai increased prices by up to INR 400/t owing to improved trades and spot buying enquiries. In most other markets, manufacturers preferred to keep offers stable and adjusted prices as per required quantity and payment terms…