Author: Suyash Jain
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India: BF-rebar trade prices edge down w-o-w; market awaiting mills’ price announcements for Nov’25
IF-rebar prices rise on improved bookings Inventories at primary mills rise marginally in end-Oct India’s trade-level blast furnace (BF) rebar prices edged down w-o-w across major markets. Some primary mills either increased their discounts or reduced list prices owing to subdued market sentiments post Diwali. However, trade-level BF rebar prices increased by 500/tonne (t) ($6/t)…