Tag: RINL cut offers

RINL reduced rebar and wire rod offers by 1,000-1,200/MT, structure by 1,200-1,800/MT and semis by INR 1,200/MT. Sail reduces rebar offers by INR 750-1,000/MT Indian steel producers are facing a tough time as demand of steel is diminishing. Primary producers have reduced prices by INR 2,000/MT in the period April-June’15 whereas Secondary producers have reduced…