Author: Sandeep Goyal
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Selling Pressure Continues in Indian Rebar Market
Secondary rebar manufacturers are trying to keep offers firm; last week change prices by INR 100-500/MT across major markets. Indian secondary rebar manufacturers are trying to push up their offers but unsupportive demand is keeping buyers away from the market. Rebar manufacturers based in Hyderabad have increased offers by INR 500/MT last week to INR…