Tag: IF rebar
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India: BF-route rebar trade prices rise w-o-w as mills announce interim price hike
IF rebar prices drop marginally National Highway construction rises 12% y-o-y Trade-level prices of blast furnace (BF) rebars witnessed an uptick across markets as some mills announced interim price hike of INR 500-1,000/t ($6-12/t) during the week. Although demand in the traders’ market remained subdued, which weighed on the market sentiments. Furthermore, mills have been…