Author: Piyush S Verma

  • India: IF grade rebar prices continue to decline on weak demand

    India: IF grade rebar prices continue to decline on weak demand

    Induction grade rebar prices sharply declined by INR 500-1,000/t d-o-d in major markets of Western India, while in other regions manufacturers slightly adjusted their offers considering factors such as cost of billet and price parity with other competitive markets. However demand for rebar steel remained weak across the regions due to lockdown restrictions and migration…