Category: Rebar
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India: BF-route rebar slips further due to seasonal impact, elevated inventories
Elevated distributor inventories and cheaper IF-route material pressure prices BF-route rebar prices hit six-month lows amid weak buying sentiment India’s blast furnace (BF)-route rebar market remained under pressure during the assessment week ended 10 July 2026, with distributor-to-dealer trade prices declining by INR 500/t week on week to INR 49,000/t ($513/t) ex-Mumbai, according to BigMint’s…