Tag: Rebar

Indian HRC-Rebar spread remains in negative zone in Q1FY’25

Jul 9, 2024

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by

Simran Chanana

in HRC

The HRC-Rebar spread has remained in negative zone for the entire first quarter (April-June, 2024). It eased a bit in June,2024, from May’s record low. But still, Hot rolled coils (HRC) continued to be sold cheaper compared to Rebar with the spread at a negative INR 3,600/tonne ($43/t), reveals data maintained with BigMint. HRCs are…