Tag: Secondary Re-bar prices in Western Region

India: Secondary Re-bar Prices surge by INR 1,000-1,500/MT M-o-M in Western Region

Sep 6, 2014

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by

Sandeep Goyal

in Uncategorized

Re-bar prices in western region have increased by INR 1,000-1,500/MT owing to increase in Ingot prices. Whereas, offers in others market have risen marginally. In western region (Mumbai & Jalna), increase in Ingot & Billet prices has compelled Re-bar mills to increase their prices. However, volumes are thin in the current market. Moreover, most of…