Tag: India HRC Rebar spread

India’s HRC-rebar spread in negative zone for 4 consecutive months. Short term looks bearish

Aug 1, 2024

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by

Kalpesh Padhiar

in HRC, Rebar

BF-route rebar falls steeper 7% compared to HRC HRCs, plates prices challenged by surging imports Prices may trend lower as buyers wait and watch Morning Brief: The HRC-rebar spread has eased considerably since narrowing to its lowest in May 2024. However, rebars continued to be priced higher than hot rolled coils (HRCs) in July 2024,…