Author: Shikha Patle

  • India: IF-route rebar prices gain momentum in Nov amid steady demand

    India: IF-route rebar prices gain momentum in Nov amid steady demand

    Robust demand and reduced inventories propel prices Firm raw materials, Healthy off-take support market India’s induction furnace (IF) rebar prices rose in November, in the range of INR 100-2,300/tonne (t) m-o-m across regions, as per Big Mint’s assessment, amid improved sentiment and steady inquiries, resulting in higher order bookings. Firm sponge iron and billet prices…