Tag: India: Rebar-HRC spread drops; Sizzling input costs to keep prices heated up

Rebar HRC spread narrows 50% m-o-m in Feb Spiralling thermal coal, pellet prices hit induction furnaces badly Rise in IF-route rebar influences BF route prices Domestic demand supports high prices Good automotive, consumer durables season may keep HRC prices high Russia-Ukraine factor to keep raw material, finished prices high The Indian rebar-HRC spread dropped 50%…