Author: Piyush S Verma
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India: IF grade rebar demand weakens amid lockdown lull in market
Ongoing lockdown restrictions in many Indian cities are impacting demand for, as well as trade of, IF grade rebar in major supply regions of the country. Most manufacturers are reporting limited buying enquiries. Uncertain market movements in semi-finished steel have turned traders cautious and bookings were reported only as per strict market requirements. Rising inventories…