Tag: India: Rebar prices at all-time high premium to HRCs in Feb’23

Project demand keeps BF-route longs supported High power tariffs raise production costs of induction furnaces Flats exports fail to meet expectations, imports still a worry Morning Brief: The HRC-rebar (blast furnace route) spread reversed to a record INR – 3,400/tonne (t) in February 2023, reveals SteelMint’s data. Hot rolled coil (HRC) prices traditionally are sold…