Tag: India: BF-route rebars trade prices remain rangebound w-o-w

Trade level prices of rebars made through blast furnace (BF) -route dropped marginally by INR 200/t ($2/t) w-o-w in the key market of Mumbai. Current prices stood at INR 62,600/t ($756/t), exy-Mumbai as per the assessment on 24 February 2023. Prices are excluding 18% GST. Factors keeping prices rangebound 1. Raw material prices: Prices of…