The spread between India’s hot-rolled coil (HRC, IS 2062, 2.5-8 mm) and blast furnace (BF)-route rebar (12-32 mm, IS 1786) prices widened sharply to INR 5,800/t ($61/t) in June from INR 700/t ($7/t) in May, based on BigMint’s analysis of monthly average prices.
Leave a Reply