Category: Rebar
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India: BF rebar prices decline by INR 700/t w-o-w on weak demand and cautious market sentiment
BF rebar prices may remain volatile next week Stable raw material costs to pressure steel prices Trade-level BF rebar prices (distributor-to-dealer) edged down by INR 700/t ($7/t) w-o-w to INR 56,800/t ($592/t) exy-Mumbai, according to BigMint’s assessment on 22 May 2026. Buying activity remained moderate across key regions, while demand in south Indian markets continued…