Author: Suyash Jain
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India: BF-rebar trade prices decline by INR 1,100/t ($12/t) w-o-w on sluggish demand
Buyers remain on sidelines in weak market IF-rebar prices slide w-o-w on need-based buying Trade-level BF rebar prices continued to decline this week across major Indian markets. Buyers postponed their purchases amid ongoing downward price correction and market uncertainty. Distributors remained in destocking mode, while major mills reduced list prices amid weak market sentiments. Trade-level…