Author: Sandeep Goyal

Rebar offers fall further by upto INR 800/MT W-o-W in major Indian market. With the correction of INR 700/MT this week, rebar prices in Mumbai hit a 5-year low. Subdued demand and falling global steel prices pushed rebar prices down to INR 27,900/MT for 12 mm (Ex- Factory, excise duty and other taxes extra). This…