Author: Piyush S Verma
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India: Secondary rebar prices up on rising billet, sponge prices
Induction furnace (IF) grade rebar prices remained supported in most major markets of the country today due to rising costs of raw material (billet and sponge iron) except a few markets in the western and southern regions, as per SteelMint reports. Manufacturers in some locations made slight adjustments in their discount offers as per market…