Tag: transporters strike
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India: Re-bar Prices increased up to 1-2% from Yesterday
Re-bar prices are fluctuating in the range of INR 200-400/MT from last one week. Today, its prices inched up by INR 200-300/MT across India. Sources say that the major reasons behind the increment are: Raw material shortage: Transporters strike in Gujarat has created shortage of Scrap in Gujarat and Mandi Gobindgarh. High Ingot/Billet prices: Due…