ESL Steel Ltd. has further raised long steel prices by INR 500/t ($7/t) from today for late-February sales, sources informed SteelMint. The effective price for rebars (12-32mm) stands at INR 63,500-64,000/t ($853-860/t) and wire rods (5.5-6mm) at around INR 61,500-62,000/t ($826-833/t). Prices are on exy-Delhi basis, excluding GST at 18%.
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