Author: Suyash Jain
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India: BF-rebar trade prices remain range-bound w-o-w amid slow demand
Trade-level blast furnace (BF) rebar prices remained mostly range-bound this week, barring some markets where they witnessed a marginal rise. Domestic demand remained dull, weighing on market sentiments. A source highlighted that supplies from a state-owned steel producer have been hit, as the plant is currently operating with just one BF. Moreover, the production of…