Author: Piyush S Verma
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Western India: Mumbai based mills lower rebar offers by INR 1,000/t ($14)
Mumbai based prominent induction grade rebar manufacturers have sharply reduced their offers by INR 1,000/t. The current rebar offering for 10-25 mm size stands at INR 44,000/t exw. This is the third price drop in this week and overall INR 2,900/t has been decreased in rebar against last week. The offers have been reduced owing…