Author: Soumya Gupta
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Indian Bar & Rod Production Decline in Jun’17
As per recent data released by the Steel Ministry, Indian Bar and rod production decline by 7% in Jun’17 to 2.90 MnT against 3.11 MnT in May’17. The decline in production was due to seasonal low demand and GST implementation affecting the demand from the stockiest end which them away from bulk buying influencing the manufacturers…