Tag: IF BF price trend
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India: IF rebar prices decline m-o-m in Apr’25 amid slow demand
Billet, sponge iron tags drop m-o-m IF-BF rebar price gap widens in Apr India’s induction furnace (IF) rebar prices declined in April 2025, with rebar (Fe 500) prices falling by INR 200-2,100/tonne (t) m-o-m, according to BigMint’s analysis. The price correction was largely attributed to subdued buying activity across regions. The sharpest declines were seen…