Author: Suyash Jain
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India: BF-rebar trade prices edge down w-o-w amid subdued demand
IF-rebar prices show mixed trend Raw material prices remain range-bound w-o-w Trade-level blast furnace (BF) rebar prices fell w-o-w owing to subdued domestic demand across markets. Buyers have moved to the sidelines and adopted a wait-and-watch approach due to continuous drop in prices and weak market sentiments. This has marked the seventh consecutive week of…