Author: Suyash Jain

Bid-offer gaps lead to need-based BF rebar purchases Inquiries for IF rebars improve but bookings stay low India’s trade-level blast furnace (BF) rebar prices declined w-o-w, weighed down by subdued domestic demand and slowing market activity due to the onset of the monsoon. Market sentiment remained cautious, with buyers refraining from bulk purchases amid persistent bid-offer…