Author: Suyash Jain

India: BF-rebar trade prices drop by INR 300/t ($4/t) w-o-w amid subdued demand

Aug 23, 2024

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by

Suyash Jain

in Rebar

IF rebar prices rise w-o-w despite market downturn Raw material prices drop w-o-w Trade-level blast furnace (BF) rebar prices witnessed downtrend w-o-w amid subdued demand across markets, marking the eleventh consecutive week of fall in prices. Currently, rebar prices (12-32mm, Fe500D, and Fe550D) in the trade segment have dipped by INR 300/tonne ($4/t) to INR…