Author: Suyash Jain
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India: BF-rebar trade prices drop by INR 200/t ($2/t) w-o-w ahead of festive season
Slow demand weighs on market sentiments IF-rebar prices drop w-o-w amid slow trades India’s trade-level blast furnace (BF) rebar prices declined on a w-o-w basis across major markets. Major primary mills either offered discounts or reduced list prices this week amid subdued market sentiment. Buying activity remained weak across regions ahead of the festive season.…