Author: Kanishka Chhabria

Blast furnace (BF)-route rebar prices remained flat w-o-w on the back of limited buying interest from end-users. Current BF-route rebar (12-32mm, Fe500D) prices are assessed at around INR 58,500-59,500/t exy-Mumbai, excluding GST at 18%. Trade channel checks are anticipating prices to move up in a couple of days due to the spike in the secondary…