Author: Suyash Jain
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India: Trade-level BF rebar tags rise w-o-w as mills hike list prices
Weak demand leads to need-based buying IF tags range-bound amid moderate trades Trade-level blast furnace (BF) rebar prices increased w-o-w across major Indian markets, as some private steel mills announced a hike in list prices, by up to INR 1,500/tonne (t) ($17/t), during the week. Post revision, list prices hovered within INR 57,000-58,500/t ($662-680/t) on…