Author: Sandeep Goyal
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Indian Domestic Re-bar Producers fear on Rising Import
Re-bar prices in Mumbai have corrected gradually on account of import from China at very cheap rates. Domestic Re-bar units are already facing very low demand with slowdown in construction and industrial activity. In addition, Re-bar imports from China already in dent condition owing to decline in domestic Re-bar prices by almost INR 1,500-2,000/ MT…