Author: Suyash Jain
-

India: BF-rebar trade tags rangebound w-o-w; market waiting for mills’ price announcements for May’25
Rebar prices inch down by INR 100/t w-o-w IF rebar prices dip w-o-w amid need-based buying Trade-level blast furnace (BF) rebar prices in key domestic markets remained largely rangebound over the week, as demand in the spot market continued to remain need-based. Market participants have adopted a cautious approach, opting to wait for clarity on…