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India: Primary mills roll over rebar prices for early May'26

Source: BigMint May 08, 2026 10:00

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Primary rebar trade prices drop INR 300/t ($3/t). Rising stock levels pile pressure on IF rebar prices

Indian primary steelmakers have rolled over rebar list prices for early-May 2026 dispatches over end-April price tags, sources informed. Post-revision, list prices stood at INR 59,000-60,000/t ($620-630/t) on landed basis. Trade-level BF-rebar prices (distributor to dealer) dropped by INR 300/t ($3/t) to INR 59,400/t ($624/t) exy-Mumbai, as per assessment on

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