India: Rebar prices in secondary market rise upto INR 600/t ($8)

Indian rebar prices in the secondary market increased by INR 100-600/t d-o-d in most of the major supplying regions. Higher raw material cost has resulted in hike in offers, despite limited inquiries. The current trade price for rebar (12 mm) is assessed at INR 35,600-35,900/t Raipur, INR 38,700-39,000/t Jalna exw


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