Author: Piyush S Verma

  • India: Secondary rebar prices rangebound in major markets

    India: Secondary rebar prices rangebound in major markets

    The induction furnace route rebar market remained rangebound, while witnessing subdued buying inquiries on 15 Jun’21. Prices decreased by INR 100-200/t d-o-d in most major markets of the country except in Hyderabad where prices fell sharply by INR 500/t. As per trader sources, limited trades have contributed to the building up of high inventories at…