Author: Suyash Jain

Indian tier-1 mills cut rebar prices by up to INR 1,500/t ($18/t) for early-July 2024

Jul 5, 2024

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by

Suyash Jain

in Rebar

Indian tier-1 mills have announced rebar list prices for early-July 2024 dispatches. Current prices are hovering at INR 55,000/t ($659/t) exy-Mumbai, down by INR 1,000-1,500/t ($12-18/t) as against INR 56,000-56,500/t ($671-677/t) seen in end-June, sources informed BigMint. Trade-level blast furnace (BF) rebar prices dropped by INR 1,100/t ($13/t) w-o-w to INR 55,200/t ($661/t) exy-Mumbai as…