JSPL has increased finished long steel prices further by around INR 1,000-1,500/t ($13-20/t). Current offer for 12-32 mm rebar (550 D) has been assessed at INR 43,000/t, FoR- Mumbai and excluding GST, SteelMint learned from trade sources. Company’s output of long steel products stood at 1.6 mn t in 9M CY’20.
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