Tag: Durgapur Re-bar
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India: Durgapur Re-bar Prices fall by 5% M-o-M
Sluggish Re-bar demand has reduced the conversion spread in Durgapur. Re-bar prices in Durgapur had fallen by almost INR 2,000/MT in the last one month owing to fall in demand from the end-users and subsequent decline in Ingot & Billet (raw material for Re-bar) prices by around INR 1,000-1,300/MT. Among all major markets, eastern region…