Author: Suyash Jain

HRC-rebar spread narrows to -INR 1,200/t in Apr’26 from -INR 3,200/t in Mar’26 HRC prices increase by INR 2,500/t m-o-m, outpacing rebar gains of INR 500/t Spread contracts for a second consecutive month from -INR 4,900/t in Feb’26 Morning Brief: The negative spread between domestic hot-rolled coil (HRC) and blast furnace (BF) rebar prices narrowed…