Author: Suyash Jain
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India: BF-rebar trade prices at 4-month low in sluggish market
IF-rebar prices fall amid need-based buying Raw material prices show decline w-o-w Trade-level blast furnace (BF) rebar prices fell by INR 800-2,000/t ($10-24/t) on a weekly basis due to sluggish demand across markets. Prices are currently hovering at a 4-month low as similar levels were last seen in end-March 2024, as per BigMint data. Market…