Author: Piyush S Verma
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India: Secondary mills’ rebar prices remain range-bound
Secondary rebar market witnessed limited buying inquiries and trade activities today. Prices fluctuated by INR 100-300/t on a d-o-d basis in major markets except in Chennai where it fell sharply by INR 900/t due to higher prices compared to other competitive markets. As per trade sources, near term rebar prices may remain weak particularly in…