Indian Rebar Prices Surge in Early April Amid Market Optimism

Rebar The price of rebar in India saw a notable rise in the first half of April 2025, reflecting optimism among market participants as the new fiscal year begins. According to Kallanish, rebar prices held steady at $668 per ton EXW Mumbai during April 4-11, marking an increase of $12 per ton since the start of the month. Metal traders predict further price hikes in the coming weeks, driven by robust demand in the construction sector.   Government Investment and Strong Demand for Rebar The rise in rebar prices is supported by the strength of demand from local construction companies. Govern...