Author: Piyush S Verma
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Western India: Jalna based rebar mills reduce offer by up to INR 1,200/t ($16)
Jalna (Maharashtra) based renowned rebar mills have decreased their offers by INR 700-1,200/t. Current rebar offer for 10-25 mm rebar stands at INR 43,300-43,500/t exw. As per market participants, prices dropped owing to declining raw material prices and the need to maintain price parity with competitive markets like Raipur in the central region. Notably, Jalna…