Author: Suyash Jain

India: Tier-1 mills hike rebar prices by up to INR 1,000/t ($12/t) for early-Feb’25

Feb 6, 2025

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by

Suyash Jain

in Rebar

Inventories drop by around 20% m-o-m IF rebar prices edge up m-o-m in Jan’25 Indian tier-1 mills raised rebar list prices by INR 500-1,000/tonne (t) ($6-12/t) for early-February 2025 compared to end-January 2025 levels, sources informed BigMint. Post revision, list prices hovered at around INR 52,000-53,000/t ($594-605/t) on a landed basis. It should also be…