Tag: Rebar Inventory
-

Rebar inventories with tier-1 mills touch 3-month low
Rebar inventories with tier-1 mills hit a three-month low of around 500,000 tonnes (t) in early-March 2024. Similar levels were last seen in early-December 2023, as per BigMint records. It may be recalled that rebar inventories started falling from February itself after climbing up by around m-o-m 8% in January. Reason for falling inventories Production…