Tag: IF route rebar

India’s induction furnace (IF) route rebar prices remained under pressure in October 2024. Rebar (Fe 500) prices showed a drop in the range of INR 1,200-4,000/tonne (t) m-o-m, as per data recorded by BigMint. Buying interest stayed low amid uncertainty in market trends. Prices initially rose at the start of the month due to post-monsoon…