Author: Piyush S Verma
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India: Secondary rebar market remains volatile
Induction grade rebar prices fluctuated by INR 100-200/t d-o-d in North, East and Central regions, while in the few markets in Gujarat and Maharashtra (Western region), manufacturers increased their rebar offer by up to INR 300/t owing to slight recovery in buying inquiries and rising melting scrap and billet prices in the region. However, it…