Author: Rahul Shrivas

BF rebar prices drop over 4% in May, HRC just about 1% Inventory pressure, widening gap with IF prices, weigh on BF rebar HRC prices stable amid wide differential with imports, fresh export bookings Morning Brief: The price spread between domestic hot rolled coil (HRC, IS 2062, 2.5-8mm) and blast furnace-origin rebar (12-32mm, IS 1786)…