Author: Shikha Patle
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India: IF-route rebar prices gain momentum in Nov amid steady demand
Robust demand and reduced inventories propel prices Firm raw materials, Healthy off-take support market India’s induction furnace (IF) rebar prices rose in November, in the range of INR 100-2,300/tonne (t) m-o-m across regions, as per Big Mint’s assessment, amid improved sentiment and steady inquiries, resulting in higher order bookings. Firm sponge iron and billet prices…