Author: Suyash Jain

Material shortages support higher BF trade prices Project demand remains strong ahead of FY closing Trade-level blast furnace (BF) rebar prices increased w-o-w, as major steel mills raised list prices by INR 500-1,000/tonne (t) ($6-12/t) during the week. Post revision, list prices hovered in the range of INR 54,500-55,500/t ($637-649/t) on landed basis, BigMint heard…