SteelMint

Author: Suyash Jain

  • India: Trade-level BF-rebar prices rise by INR 500/t ($6/t) w-o-w

    India: Trade-level BF-rebar prices rise by INR 500/t ($6/t) w-o-w

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    by

    Suyash Jain
    in

    Certain BF mills raise list prices, more hikes expected Narrowing BF-IF price gap contributes to higher BF tags India’s trade-level blast furnace (BF) rebar prices witnessed an increase w-o-w across major Indian markets. Certain mills raised list prices in late-July, and market participants expect steelmakers to announce further hikes for August. This lent support to…