Tag: India rebar prices may have peaked. What factors to watch out for?

Rebar prices from primary mills correct downward Weak demand, high inventory, low exports impel price revisions Demand may rise from July-August as infra segment returns to market Morning Brief: Indian primary mills corrected downward their rebar prices for early May, 2022 sales by INR 2,000-4,000/t. Trade-level blast furnace-route rebar prices also inched down around 3%…