Author: Suyash Jain

Trade-level blast furnace (BF) rebar prices witnessed a drop w-o-w due to weak buying interest in the trade channel. Market Participants adopted a wait-and-watch strategy awaiting mills’ price announcement for June 2024 sales. Also, the general elections are about to get over in next few days. Current rebar prices (12-32mm, Fe500D & Fe550D) in the…