Tag: IF rebar
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India: BF-rebar trade prices drop by INR 300/t ($4/t) w-o-w in weak market
Trade-level prices of blast furnace (BF) rebars dropped w-o-w amid slow buying interest. Meanwhile, prices were range-bound during the week and buyers procured on urgent need basis only. Current week’s rebar prices (12-32mm, Fe500D) in the trade segment dropped by INR 300/t ($4/t) w-o-w to INR 51,800/t ($624/t) exy-Mumbai. Prices are exclusive of GST at…