Intel Details

India: Secondary rebar prices fall on limited buying interest

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14 Jun 2021, 18:40 IST
Steel Mint Intel

Induction furnace (IF) grade rebar prices fell by INR 100-700/t d-o-d except in a few markets in western and southern India, with manufacturers adjusting prices as per requirements in the spot market. Low demand for rebar for the past couple of days and falling semi-finished steel prices are nudging rebar producers to reduce prices, sources informed.

14 Jun 2021, 18:40 IST
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