Category: Rebar
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India: BF rebar prices drop INR 1,000/t w-o-w on weak demand, rising inventory pressure
Subdued construction activity leads to weak demand Buyers restrict purchases to immediate project requirements BF rebar prices (distributor-to-dealer) declined by INR 1,000/t ($10/t) w-o-w to INR 55,800/t ($487/t) exy-Mumbai, according to BigMint’s assessment on 29 May 2026. Inventory levels at major mills have surged by over 30%, while heightened selling pressure at the distributor level…