Author: Suyash Jain
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India: Tier-I mills cut rebar prices by up to INR 1,500/t ($17/t) for early-June’25
Inventories rise m-o-m in subdued market IF-rebar prices drop m-o-m on weak sentiments Indian Tier-1 mills have reduced rebar list prices by up to INR 1,500/t ($17/t) for early-June 2025 deliveries as against prices prevailing in end-May, sources informed BigMint. Post-revision, list prices were at INR 54,500-55,500/t ($635-646/t) on landed basis. It should be noted…