Understanding the Factors Influencing Rebar Prices in India
The demand for rebars in India is closely tied to the construction and infrastructure sectors, which are some of the largest consumers of steel products. During periods of economic growth, when the government and private sector invest in large-scale infrastructure projects such as roads, bridges, and housing developments, the demand for rebars typically increases. This heightened demand often leads to higher prices as suppliers try to meet the needs of booming construction activity.