Author: Sandeep Goyal
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India: Rebar Price Gap Between Large and Medium Mills Narrowed Down in August
As per SteelMint assessment, price gap in rebars between large and medium/small mills have declined sharply and stood at around INR 1,000-1,500/MT (USD 15-22) in Aug’18 as against INR 4,500-5,500/MT (USD 64-79) in Jul’18. The prime reason behind the reduced price gap is rally in prices by medium mills since beginning of August on improved…