Author: Piyush S Verma
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India: IF grade rebar prices remain strong despite limited buying inquiries
Induction route-rebar market witnessed limited trade activities today in most of the major supplying regions. Despite this, prices remained strong and in some regions, increased by INR 100-700/t d-o-d, SteelMint assessment shows. Higher raw material price and lower production at mills prompted rebar sellers to keep their prices high despite limited demand. The rebar prices…