Author: Piyush S Verma
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Major private mills in western India slash rebar prices by up to INR 1,500/t
Low demand continues to weigh on rebar prices in the Indian domestic market, as per SteelMint reports. A major private mill in Gujarat, Mono Steel, has reduced its rebar offers by INR 1,200/t to INR 49,150/t (12 mm), FoR Ahmedabad. Maharashtra, Jalna-based mills have also slashed rebar (10-25 mm) offers by INR 1,200-1,500/t to INR…