Author: Abhishek Bhalla

Price gap between IF and BF route rebar narrows down to INR 1,000/t in Western India

Jul 13, 2021

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by

Abhishek Bhalla

in Rebar

Rebar prices in India’s western region reveal a gap of around INR 1,000/t between induction furnace (IF) and blast furnace (BF) route rebar (Fe-500D grade), as per SteelMint assessment. Currently, spot trade prices are at INR 48,500/t and INR 49,500/t for IF and BF route materials respectively, on exw-Mumbai basis. A few trade channels have…