Author: Piyush S Verma
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India: Secondary rebar prices fall for fourth day in a row
The induction furnace grade rebar market in the country observed weak buying enquiries and falling prices for the fourth consecutive day on 24 Jun’21. Prices declined by INR 100-500/t in most of the major markets, SteelMint assessment shows. However, in a few locations, manufacturers preferred to keep offers stable and offered trade discounts. Falling semi-finished…