Author: Piyush S Verma
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Secondary rebar prices remain range-bound in major Indian markets
The induction grade rebar manufacturers in most of the regions have either closed their booking or adjusted their prices as per the market requirement. Recovery in semi-finished steel prices stabilized secondary rebar prices. However, in a few specific markets of Western and Southern regions, rebar offers have decreased by up to INR 500/t d-o-d due…