Author: Suyash Jain
-
India: Trade prices of BF-rebars rise by INR 600/t ($7/t) w-o-w as mills hike list prices
Material availability tightens in distribution channel Rising order backlogs at mills support project prices Trade-level BF rebar prices rose w-o-w across major Indian markets, supported by recent price hikes announced by primary mills, improved trading activity, and tight material availability in the distribution channel. Primary producers raised rebar list prices by up to INR 1,000/tonne…