Author: Suyash Jain
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India: Tier-1 mills raise rebar list prices by up to INR 1,000/t ($12/t)
IF-rebar prices rise w-o-w Iron ore, coking coal prices rise Indian tier-1 mills have increased rebar list prices by INR 500-1,000/tonne (t) ($6-12/t) for end-September 2024 deliveries, sources informed BigMint. Post-revision, list prices hovered in the range of INR 50,500-52,000/t ($603-609/t) on a landed basis. Following this, trade-level blast furnace (BF) rebar prices rose by…