Tag: India: HRC-rebar spread remains in negative zone in Q1FY’25. What lies ahead?

Spread eases amid HRC price hikes in early June Rebars challenged by rising inventory, quality issues Short term looks range-bound, eyes on EU quotas Morning Brief: The HRC-rebar spread has remained in negative zone for the entire first quarter (April-June, 2024). It eased a bit in June, 2024, from May’s record low. But still, hot…