Author: Piyush S Verma
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India: Secondary rebar prices decline sharply by up to INR 2,000/t ($27)
Induction route-rebar prices today sharply declined by up to INR 1,000/t in most of the major Indian markets, while the same fell by INR 2,000/t in Jalna (Maharashtra), which is one of the major supplying markets of Western region. The manufacturers reduced prices because of lack of buying inquiries since the last couple of days…