Intel Details

India: Rebar prices rise in major markets

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7 Jan 2022, 18:23 IST
Steel Mint Intel

Domestic rebar prices rose today by up to INR 800/t across different regions in India. Moderate buying enquiries and transactions in rebar and strengthening billet prices supported a hike in rebar prices in the spot market. However, traders are still cautious about bulk procurements on higher prices owing to the uncertainty in raw material price trends.

7 Jan 2022, 18:23 IST
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