Author: Suyash Jain

Indian tier 1 mills reduce rebar list prices by INR 2,500-3,000/t ($30-36/t) m-o-m for Aug’24

Aug 7, 2024

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by

Suyash Jain

in Rebar

Higher inventories with tier 1 mills IF-rebar prices decline m-o-m Indian tier 1 mills have reduced list prices of rebars by INR 2,500-3,000/t ($30-36/t) m-o-m for early-August 2024 deliveries, sources informed BigMint. Current list prices are hovering around INR 51,000-52,000/t ($607-619/t) on landed basis. It must be noted that mills have given interim rebates and…