Author: Piyush S Verma
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India: Secondary rebar prices drop on slow trades amid higher prices
Induction grade rebar prices fell today by INR 100-700/t d-o-d in major Indian markets due to limited buying inquiries because of higher prices and corrections in semi-finished steel prices. However, the same in few markets of Northern and Southern regions increased by up to INR 700/t owing to active demand, sources reported to SteelMint.