Author: Piyush S Verma
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India: IF grade rebar prices edge lower on limited buying
Prices of rebar produced via the induction furnace (IF) route continued to slide today by INR 100-600/t except in a few specific markets in southern India, as per SteelMint reports. Limited buying inquiries and billet prices in free fall pushed manufacturers to reduce their offers. However, in a few markets, sellers kept their offers unchanged,…