Author: Piyush S Verma
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India: IF-grade rebar prices continue to rise despite limited demand
Induction grade rebar prices increased even further by up to INR 500/t on a d-o-d basis in most of the major markets. Higher raw material prices and lower production at mills prompted rebar sellers to keep their prices high. However, trade activities and buying inquiries for rebar steel remained weak in all the regions. Following…