Author: Piyush S Verma
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India: IF grade rebar price falls further as demand weakens
Induction grade rebar market today witnessed limited buying inquiries. The prices fell by INR 100-200/t d-o-d in most of the major supplying regions. However in few markets of Western region, rebar manufacturers reduced their offers by up to INR 800/t to maintain price parity with the competitive markets amid limited future bookings. As per trade…