Author: Piyush S Verma
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Western India: Jalna based rebar mills reduce offer by INR 500/t ($7)
Jalna (Maharashtra) based renowned rebar mills have decreased their offers by INR 500/t. Current rebar offer for 10-25 mm rebar stands at INR 41,800/t exw. As per market participants, prices dropped owing to lack of demand and rising inventories at the mills. Notably, Jalna is a major rebar manufacturing hub in western India with an…