Author: Suyash Jain

IF-rebar prices drop amid need-based buying Raw material prices drop m-o-m in July Trade-level blast furnace (BF) rebar prices declined w-o-w by INR 400-900/t ($5-11/t) amid dull buying across markets. This marked the eighth consecutive week of decline in prices. Current rebar prices (12-32mm, Fe500D and Fe550D) in the trade segment have witnessed a drop…