SteelMint

Tag: IF grade

  • India: IF grade re-bar prices decline by up to INR 300/t

    India: IF grade re-bar prices decline by up to INR 300/t

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    by

    Piyush S Verma
    in

    The induction furnace (IF) route re-bar market observed limited buying enquiries today. TMT prices declined marginally by INR 100-300/t d-o-d, SteelMint assessment shows. In most of the major markets, manufacturers preferred to keep offers stable and floated trade discounts depending upon requirements and booking volumes. Limited transactions in re-bar steel in the last couple of…