Category: Rebar
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India: IF-route rebar prices surge to 4-month high in Aug’26 on higher input costs, improved demand
Shortage of pellets, coal, sponge iron lifts rebar production costs Production cuts, maintenance downtime at mills reduce supply India’s induction furnace (IF)-route rebar prices witnessed a strong recovery across major markets in August, rising by INR 2,700-5,800/t m-o-m. The sharpest increase was recorded in Jalna, where prices surged by INR 5,800/t. The broad-based rally pushed…