Author: Piyush S Verma
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India: Secondary rebar prices increase by up to INR 500/t ($7)
Induction grade rebar prices increased marginally by INR 100-500/t in most of the major Indian markets except in a few markets of southern India, SteelMint assessment shows. The prices increased on the back of improved semi-finished steel prices while demand and trade activities remained moderate, sources shared.