Author: Piyush S Verma
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Western India: Major mills in Jalna reduce rebar offers by INR 500/t ($7)
Dull demand for rebar due to the seasonal slowdown in construction activities and falling billet prices continue to weigh on TMT prices, as per latest SteelMint reports. Jalna, Maharashtra-based Kalika TMT and Polaad TMT have both reduced rebar (10-25 mm) prices by INR 500/t to INR 47,000/t, exw (excluding taxes). Rebar prices are likely to…