Author: Suyash Jain
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India: BF-rebar trade prices drop w-o-w amid subdued demand
Bid-offer disparities pressure projects segment IF rebar prices decline amid sluggish trade Trade-level blast furnace (BF) rebar prices declined w-o-w across key Indian markets, driven by subdued demand and weak sentiments. The prevailing uncertainty led market participants to adopt a cautious approach and stay on the sidelines. Some leading steelmakers cut their list prices, following…