Indian secondary mills’ rebar prices increased by INR 100-400/t d-o-d, except in few specified markets of central and eastern region. The current average trade price for rebar (12 mm) is assessed at INR 37,300/t Raipur and INR 40,300/t Jalna exw. Moderate demand and trades in the market along with supportive semi-finish prices, resulted in increase in offers.
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