SteelMint

Tag: Indian rebar prices

  • India: IF route rebar prices fall further by up to INR 1,000/t

    India: IF route rebar prices fall further by up to INR 1,000/t

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    by

    Abhishek Bhalla
    in

    IF rebar prices fell in the range of INR 200-1,000/t, d-o-d, in most markets except Chennai, which remained almost closed due to heavy rainfall. Limited spot buying enquiries was evident across regions, and due to falling sponge iron and billet prices rebar traders resisted from procuring material. Also, rising inventories at mills pressured manufacturers to…