Author: Piyush S Verma

Mumbai based renowned induction grade rebar manufacturers have reduced their offers by INR 500/t. The current rebar offer for 10-25 mm size stands at INR 43,000/t exw. This is the second price drop in this week and so far INR 1,000/t have been reduced w-o-w. Weak demand and the need to maintain price parity with…