Author: Sandeep Goyal

Production of bar and rod (non-alloy steel) increased by 7% in FY15 against FY14. Also, import rose by 190%, as per JPC- Steel Ministry. Rebar prices in few markets like Raipur, Mumbai and Delhi have dipped to almost a 4-year low. Currently, rebar in Mumbai is trading in the range of INR 30,500-30,700/MT and in…