SteelMint

Tag: BF route rebar

  • India: BF route rebar prices to remain range-bound in Oct’22

    India: BF route rebar prices to remain range-bound in Oct’22

    —

    by

    Suyash Jain
    in

    Domestic rebars prices saw mixed trends across various markets this week. BF-route rebars (12-32 mm) were assessed at INR 55,500-56,500/t ($674-686/t). Prices are exy-Mumbai, excluding GST @ 18%. Prices are likely to stay range-bound in the current month.  Why are trade prices likely to remain range-bound? 1. Limited restocking in October: Restocking activities have been…