Tag: IF rebar

  • India: State-owned steelmakers hike rebar prices by INR 500/t ($6/t)

    India: State-owned steelmakers hike rebar prices by INR 500/t ($6/t)

    Inventories at three-month low IF-rebar trades pick momentum Indian state-owned steelmakers have announced interim price hike of INR 500/t ($6/t) in rebar list prices, sources informed BigMint. It can be recalled that mills rolled over prices for early-March 2024 deliveries. Decline in rebar inventories due to production cuts, improved buying activities and rise in IF-rebar…