Author: Neesha Sen

Monsoon slows down construction activity Billet, sponge iron prices decline m-o-m India’s induction furnace (IF) rebar prices registered a sharp decline of INR 1,000-2,800/tonne (t) m-o-m in June 2025 across major regions, as per BigMint’s assessment. The correction was primarily driven by weak demand, cautious buying behaviour, and declining raw material prices. The most significant price…