Author: Akshay Bedekar
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India: HRC-rebar spread returns to positive zone after 10-month gap – BigMint analysis
Spread stands at INR 600/t in Jul’25 Seasonal slowdown still impacts market Prices showing signs of recovery in early-Aug Morning Brief: After remaining in reverse territory for 10 consecutive months since September 2024, the HRC-rebar spread in the domestic steel market finally turned positive in July. While domestic steel prices remained in the red in…