Author: Piyush S Verma
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India: Rebar prices in secondary market increase by up to INR 500/t ($7)
Indian secondary rebar market observed average demand and limited buying inquiries, today. Despite this, prices increased by INR 200-500/t due to higher raw material cost. In a few major locations in eastern and western region, manufacturers held their offer owing to adequate previous booking orders in hand. Price hike by primary mills for Dec’20 deliveries…