Author: Piyush S Verma
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Western India: Mumbai based mills lower rebar offers by INR 500/t ($7)
Mumbai based prominent induction grade rebar manufacturers have reduced their offers by INR 500/t. The current rebar offer for 10-25 mm size stands at INR 43,500/t exw. The offers have been reduced due to dull demand and the need to maintain price parity with the competitive markets, trade participants reported to SteelMint.