Author: Piyush S Verma
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India: IF grade rebar prices increase tracking rise in billet prices
Prices of induction route-rebar have witnessed an upward trend today, increasing by INR 100-700/t d-o-d in most of the major supplying regions in India, SteelMint assessment shows. However in terms of spot demand and trade activities, manufacturers witnessed limited bookings specifically from the retail segment. According to them, rising raw material (semi-finished) cost supported rebar…