Tag: Indian rebar prices
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India: IF-route rebar prices soar on revised gauge parity
Induction-route rebar prices increased by up to INR 1,700/t on revised gauge parity as well as strong raw material prices. Traders and retailers are yet to off-load previous booking orders, which they had booked a couple of days back when sentiments were strong. Overall, finished steel buying inquiries were slightly weak in today’s trading session.…