Author: Sristi Kumari
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India: BF-rebar trade prices edge up w-o-w despite soft demand
Rising input costs support BF rebar prices Weak demand weighs on trading, buyers quiet In the BF rebar segment, prices have increased as mills raised their offers despite weak market demand. Buyers are reluctant to accept the higher levels resulting in slow trade activity. Market participants informed BigMint that buyers were struggling to absorb the…