Tag: Sharp Hike
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India: Domestic Rebar Prices Surge; Spurred by Good Demand
Indian Rebar manufacturers are repeatedly increasing their prices with the good demand which is supported by rigorous increase in Ingot/Billet Prices. On D-o-D rebar prices surge by INR 200-700/MT and offers for 12mm Rebar reported – at INR 31,500/MT ex-Raipur, INR 33,300/MT ex-Delhi, INR 30,300/MT Ex-Durgapur, INR 31,900/MT Ex-Mumbai and INR 32,500/MT ex-Hyderabad. According to…