Author: Suyash Jain
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India: Primary mills hike rebar prices by upto INR 1,000/t ($11/t); trade prices edge up w-o-w
IF-segment prices fall amid weak demand BF/IF price spread widens further Indian primary steelmakers increased rebar prices by up to INR 1,000/tonne (t) ($11/t) this week, sources informed BigMint. Post-revision, list prices stood at INR 58,500-59,500/t ($643-654/t) on landed basis. Trade-level BF-rebar prices (distributor to dealer) rose by INR 400/t ($4/t) w-o-w to INR 59,000/t…