Home
/
Market Insights
/
News
/
Article

India's Rebar-HRC spread shrinks in Jan but flats segment still subdued

Source: BigMint Feb 10, 2025 08:30

Share this with

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 by INR 700/t ($8/t), as blast furnace (BF) rebar prices declined by 1.1% m-o-m to INR 52,300/t ($599/t), while HRC

To read the full article take a free 7-day trial to Mysteel Global

To view this content

Free Trial

+65 6939 6700 globalsales@mysteel.com

You May Also Like

India: HRC-rebar reverse spread narrows m-o-m in May. Will trend continue in June?

Jun 16, 2025 10:00
India's HRC-rebar reverse spread widens again in Mar after 3-mth gap

Apr 11, 2025 08:30
JFE raises coil prices for May

Mar 06, 2026 14:28
Kyoei Steel gets 'serious' about raising rebar prices

Jan 15, 2026 09:30
Kyoei Steel holds rebar prices for January

Dec 19, 2025 17:15