Author: Piyush S Verma
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India: Rebar Prices in Secondary Market Remain Under Pressure on Limited Trades
As per SteelMint’s analysis, rebar prices of secondary mills remain under pressure due to lack of spot trades and limited future orders. The rebar prices of medium and small scale mills have come down by INR 200-1,400/MT W-o-W in most of the locations due to limited trade volumes this week or lack of future bookings…