Author: Piyush S Verma
-
India: IF rebar prices fall by up to INR 1,200/t
IF rebar prices witnessed a correction in the range of INR 200-1,200/t, d-o-d, on 25 Oct’21. Subdued spot demand slowed down transactions. Marginal improvements in semi-finished steel prices during the first half of the day failed to lift rebar prices and demand. Prices in the near term are expected to fluctuate depending on billet price…