Over trading and stocking by traders
in last week may effect on re-bar demand in coming days. On the other side
Christmas and new-year also impact trading activities across the country . Buying
might remain weak for next few days highlight market participants.
Demand for re-bar in Mumbai is good
confirmed by a Manufacturer based at Mumbai but he also says “we expect to
market stable during the Christmas and New Yearâ€Â.
A manufacturer based at Ahmadabad says market is
stable at the moment, sale of re bar is not as good as last week. It might
improve from second week of January.
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