Tag: Weekly Rebar Prices
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India: Rebar and Wire Rod Prices Surge Up To INR 1,600/MT, W-o-W
In a week’s duration, Indian Rebar and Wire Rod strengthened before the festive season. For Rebar the hike was in the range of INR 200-1,600/MT and for Wire Rod it was seen around INR 1,200/MT. The rebar prices rose majorly due to the strong demand in the market inline with the shortage of material and increase in Ingot/billet prices. However, in wire rod market the manufacturers based in Raipur & Durgapur…