JSW Steel has increased rebar prices further by INR 1,000/t. The current offer for 12-32 mm rebar (550 D) is assessed at INR 51,000/t FoR Mumbai (GST extra), SteelMint learned from trade sources. The offers have increased by INR 3,500 in total since the beginning of Dec ’20. JSW’s total output of long steel products stood at 2.11 mn t in Jan-Oct CY ’20.
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