Author: Suyash Jain
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India: Primary mills raise rebar prices by up to INR 1,250/t ($14/t); trade prices rise w-o-w
Tight supply lifts prices, most mills booked out for coming days Stocks at Tier-1 mills down 25-30% in end-Jan against mid-month Indian Tier-I mills have increased rebar prices by up to INR 1,250/tonne (t) ($14/t) this week, sources informed BigMint. Post-revision, list prices stood at INR 54,500-55,500/t ($593-604/t) on landed basis. Following this, trade-level blast…