Author: Suyash Jain
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India: HRC-rebar spread expands slightly in Sept’25 amid general market downtrend
Spread grows by just INR 300/t in Sep versus INR 1,800/t in Aug Weighted average BF-rebar prices drop INR 1,000/t m-o-m Steel prices to remain under pressure but slight uptick expected Morning Brief: Indian steel prices were on a downward trajectory for much of September 2025 due to seasonal and festive slowdown affecting trade sentiment.…