Author: Piyush S Verma
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India: Secondary rebar prices decline on limited buying inquiries
Induction grade rebar prices declined today by INR 100-800/t in most of the major supplying regions in India. Dull demand for rebar from the last couple of days and continuously falling billet prices pushed manufacturers to reduce their offers. However, in a few markets of Western region, sellers kept their offers unchanged and offered trade…