Author: Sandeep Goyal
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W-O-W Rebar Prices Falling Faster Compared to Billet
Rebar offers have declined in major Indian markets by INR 400-1,200/MT W-O-W owing to consistent weak buying. However, offers in south remained unchanged. Rebar manufacturers have reduced offers by INR 400-1,200/MT W-o-W across Indian market except for south, which remained steady. Offers in East and North India rebar market have corrected sharply by INR 1,000-1,200/MT.…