Tag: Primary Steel producers
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Primary Producers Hold Finish Long Offers for July’15, RINL Cuts offer
Primary steel producers have declined rebar offers by around 20-25% since Sep’14. Almost all primary steel manufacturers have decided to roll over rebar prices for July’15, except RINL (VSP) that reduced offers by INR 500/MT as demand from end users is still absent in the domestic market. Cumulatively since Sep’14, primary players have decline rebar…