Tag: Rebar market
-

Selling Pressure in Rebar Market
Rebar offers fall by INR 500-1,500/MT W-o-W in major Indian market; major fall seen in West India. Rebar manufacturers have declined rebar offers by INR 500-1,500/MT W-O-W owing to fall in ingot/billet prices, coupled with weak demand in the domestic market. Trades are very limited owing to the ongoing festive season. Major fall was seen…