Category: Rebar

Mills offer aggressive discounts to liquidate inventories Some mills plan to cut production to limit supply pressure India’s tier-1 blast furnace (BF) steel producers have reduced rebar list prices for July 2026 deliveries by INR 1,000-3,000/t m-o-m as weak buying enquiries, rising inventories, and slow construction activity continue to weigh on market sentiment. Current mill-to-distributor…