Author: Sandeep Goyal
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Primary & Secondary Rebar Sales are Under Pressure
Sluggish demand and weakening of Ingot prices in major market led to a fall in Rebar prices by around INR 1,200/MT W-o-W post Holi. Price gap narrow between Primary & Secondary Rebar maker. Trade activity remains slow in major secondary Rebar market post Holi as prices fall by INR 300-1,200/MT W-o-W. Last week few primary…