Author: Suyash Jain
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India: Trade-level BF-rebar prices remain range-bound amid weak market sentiments
Material shortages keep BF-rebar prices supported Project segment prices rise amid Diwali restocking Trade-level blast furnace (BF) rebar prices remained range-bound w-o-w across major markets. In the trade segment, slow buying interest weighed on sentiments. Meanwhile, shortages in material of some sizes due to maintenance shutdowns at mills and lower inventories kept trade prices supported…