Author: Piyush S Verma

  • India: Rebar prices decline by INR 400/t ($5) on weak demand

    India: Rebar prices decline by INR 400/t ($5) on weak demand

    India’s secondary rebar market observed weak demand and trade activities, following which manufacturers of north, central and western region declined their offers by INR 200-400/t d-o-d. However, the producers of eastern and southern region have kept their prices stable and adjusted the discount level as per their future booking orders and inventory in mills. Current…