Tag: construction activities in India
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India: HRC-rebar price spread hits record INR 11,000/t high in May ’21
Steel prices have been heading north since October last year. However, SteelMint’s data, tracking since May ’20, show that except for the months of May and June ’20, hot rolled coil (HRC) prices have continued to remain higher than those of rebar till May ’21. More importantly, the spread hit a record high of INR…