Category: Finish long
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India IF-route rebar prices decline on slow demand, softer raw materials
Softer raw material prices weigh on IF-route rebar Monsoon-led slowdown, need-based buying to keep prices range-bound India’s Induction furnace route rebar prices declined by INR 100-2,200/t across most regions during the month, reflecting cost pressure and mills inability to sustain higher selling prices amid moderate to limited demand. The decline was driven by slow demand…