Author: Suyash Jain

Tight supply, coupled with good demand, lifts prices Higher raw material costs lend support to prices  Indian Tier-I mills have 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 55,500-57,000/t ($604-620/t) on landed basis. After the hike by mills, trade-level blast furnace (BF)…