Author: Suyash Jain
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India: BF-rebar trade prices drop w-o-w amid weak buying activity
Major mills increase discounts, trim list prices Mill inventories rise 8% from early-Sep levels India’s trade-level blast furnace (BF) rebar prices dropped w-o-w across major markets. Major mills either increased their discounts or reduced list prices due to subdued market sentiments. Trade-level BF rebar prices edged down by INR 100/tonne (t) ($1/t) w-o-w to INR…