Author: Suyash Jain
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India: BF-rebar trade prices fall by INR 500/t ($6/t) amid weak demand in monsoon
Some tier-1 mills cut list prices, others offer discounts IF-rebar prices edge lower amid need-based demand India’s trade-level blast furnace (BF) rebar prices declined w-o-w across major domestic markets amid a demand slowdown due to rains. Some primary mills reduced rebar list prices by INR 1,000/t ($12/t), while the others offered discounts due to slow…