India: Tier-1 steel mills reduce rebar prices for Jun'26 amid rising inventories, weak enquiries

Source: BigMint Jun 09, 2026 10:00

Cautious procurement sentiment prompts price cut. Wide gap between IF & BF rebar pressures BF prices

India's blast furnace (BF) route rebar steel producers have reduced their rebar list prices for June 2026 deliveries. Current list prices of IS 1786 Fe 500/550D of size 12-32 mm rebars from the mill-to-distributor level are in the range of INR 55,250-57,700/t exy Mumbai, reflecting a downward price correction

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