Author: Suyash Jain
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India: Tier-1 mills hike rebar prices by up to INR 1,000/t ($12/t) for early-Jan’25
15% m-o-m drop in rebar stocks prompts price hike IF rebar prices rise m-o-m amid moderate buying Indian tier-1 mills raised rebar list prices for early-January 2025 deliveries by INR 500-1,000/tonne (t) ($6-12/t) compared to end-December 2024 levels, sources informed BigMint. Post revision, list prices hovered within INR 51,500-52,500/t ($601-613/t) on a landed basis. Notably,…