Tag: Indore Re-bar prices
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India: Indore Re-bar Prices witness Steep decline on Entry Tax Cut
Re-bar prices in Indore have fallen by almost INR 1,000/MT owing to entry tax cut from 5% to 2% in last one week. The entry tax cut in Madhya Pradesh (M.P) proving benefit to the neighboring steel markets like Jalna (Maharashtra) & Raipur (C.G). Domestic manufacturers of M.P are bound to decrease the prices in…