Author: Sandeep Goyal
-

India: Secondary Rebar offers increase; Trade remains Slow
Secondary Rebar sales seem to be low in major market. However, offers had increased in North and West regions. Secondary Rebar market remains bearish on account of low buying in the market. Low demand of finished product is continued in the 3rd week of November, which has reduced the conversion spread between Ingot/Billet & Rebar.…