Author: Suyash Jain
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India: BF-rebar trade prices drop w-o-w; market awaits mills’ prices for Sep’25
Monsoon, festive lull affect construction activity Some major mills reduce prices amid limited offtake India’s trade-level blast furnace (BF) rebar prices dropped w-o-w across major markets. Some steel majors reduced their prices amid subdued domestic demand this week. Trade-level BF rebar prices decreased by INR 600/tonne (t) ($7/t) w-o-w to INR 47,300/t ($538/t) exy-Mumbai, as…