Author: Suyash Jain
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India: Trade-level BF rebar prices drop by INR 700/t ($8/t) w-o-w amid dull demand
Project prices slide on need-based demand IF price trends vary amid production cuts India’s trade-level blast furnace (BF) rebar prices continued their downtrend w-o-w, weighed down by sluggish domestic demand and muted market activity due to the onset of the monsoon. Suppliers expressed worry regarding the continuous free-fall in prices, and buyers also remained cautious,…