Tag: Indian rebar prices

  • India: Re-bar prices stable despite limited buying interest

    India: Re-bar prices stable despite limited buying interest

    Induction furnace re-bar prices remained stable today except minor corrections in the northern and eastern regions following a correction in raw material prices. Major supply regions have maintained adequate stocks amid curtailed production levels due to shrinking margins. However, sellers are not willing to lower offers in the near term as traders are short with…