JSW Steel has today increased rebar prices and current offer for 12-32 mm rebar (550 D) is assessed at INR 47,000/t and wire rod offer is assessed at INR 47,500/t (5.5 mm), FoR Mumbai (GST extra), SteelMint learned from trade sources. The offers have increased by INR 5,500 against the beginning of Nov’20 in consecutive price hikes made. JSW’s total output of long steel products stood at 2.11 mn t in 10M CY’20.
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