Author: Suyash Jain
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India: BF rebar trade prices decline by INR 900/t ($10/t) w-o-w amid subdued demand
Prices may have reached bottom, some believe Project prices climb up as bookings improve Trade-level blast furnace (BF) rebar prices declined w-o-w due to subdued demand across key Indian markets. Weak market sentiment, cautious buying, and monsoon-related disruptions kept buyers on the sidelines. While most market participants remained uncertain about a near-term price recovery, some…