Author: Sandeep Goyal
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India: Re-bar Units running below 50% Capacity in Major Regions
Low demand of finished Long steel products from the end-users has forced the Re-bar units to run at below 50% capacity in major regions like Western & Central Region. The real-estate and infrastructure sectors are the biggest buyers of Re-bar and these sectors are also struggling owing to liquidity crunch in the market. Major Markets…