Tag: ow demand
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India: Re-bar Offers decrease W-o-W; Minor Fluctuations Anticipated
Indian Re-bar offers moved down upto INR 600/MT in a week’s time. However, offers increased by INR 100-200/MT in a few places. Market participants believe that elections led to low demand. They are anticipating minor fluctuation of INR 200-500/MT in Re-bar offers. Highlights of Previous Week East India: Finish Long market decreased by INR 400/MT…