Tag: India: Why did BF-IF rebar spread narrow to a historic low in Oct?

Prices of BF-grade rebar show steeper fall but stay range-bound for IFs Input costs drop for primary mills, rise for secondary players November may see spread reverting to normal levels amid erosion in IF-grade prices Morning Brief: The spread between blast furnace (BF) and induction furnace (IF) route rebar in October 2022 was at a…