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TMT Rebar Slides to Rs 50,000/Tonne on Weak Monsoon Demand

TMT Rebar Slides to Rs 50,000/Tonne on Weak Monsoon Demand

Prices of TMT rebars have slid to about Rs 50,000 per tonne, a six‑month low, amid weak monsoon‑season demand and ample inventories, according to BigMint. The commodity fell roughly 10% in late June from May‑end levels and about 16% from April, with blast‑furnace route products leading declines.

Original headline

month low at Rs 50,000/tonne as monsoon impacts demand: Report