Author: Akshay Bedekar
-

India: HRC-rebar spread narrows in Oct’25 as flat steel prices continue downward spiral
Spread contracts to INR 800/t in Oct from INR 2,000/t in Sep Weighted average HRC prices drop INR 1,200/t m-o-m BF rebar prices flat, IF steel market sees post-festive rebound Morning Brief: Indian steel prices in October 2025 showed a downward trend amid slowdown in trade momentum and the rapid buildup of inventories ahead of…