Author: Sandeep Goyal
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India: Primary Rebar Producers reduce Offers by INR 1,000-1,500/MT
Primary Rebar producers have reduced prices by 1-2% for Jan’15 on account of poor demand. SteelMint learnt from sources that Vizag Steel (RINL) has reduced Rebar prices by INR 1,100-1,500/MT for Jan’15. 12 mm Rebar is currently offered at INR 41,900/MT in Vishakapatnam. Meanwhile, trade sources confirmed that SAIL has also reduced prices by INR…