Tag: Rebar-HRC spread shrinks in Jan’25 but flats segment still subdued – BigMint analysis

BF rebar prices edge down as dull demand continues HRC market remains stable with import pressure easing HRC exports resume amid Chinese New Year holidays Morning Brief: The domestic hot-rolled coil (HRC)-rebar reverse spread continued to shrink in January 2025, settling at INR 5,300/tonne (t) ($61/t) against INR 6,000/t ($69/t) in December. The gap eased…