Author: Vinay Tiwari

IF rebar prices decline across markets  Widening BF-IF spread pressuring primary prices Trade-level BF rebar prices (distributor to dealer) declined by INR 1,500/t ($15/t) w-o-w to INR 57,500/t ($600/t) exy-Mumbai. Demand remained average across major regions, while northern India continued to witness weaker buying interest, according to sources. Higher inventory availability with distributors kept procurement…