Author: Sristi Kumari

  • India: IF-route rebar prices hit 4 month low in May amid subdued demand

    India: IF-route rebar prices hit 4 month low in May amid subdued demand

    IF-route rebar prices hit four-month low Lower raw material costs weigh on prices IF-route rebar prices across India declined by INR 1,800-4,200/t m-o-m in May 2026 amid subdued market activity, weak end-user demand, and limited order bookings. Extreme heat conditions, labour shortages, and geopolitical uncertainties disrupted construction activity across several regions, resulting in slower steel…