India: JSW Steel raises list prices of rebar by INR 2,250/t ($30/t)

Steel behemoth JSW Steel has revised rebar (12-32mm, IS1786) prices upwards by INR 2,250/t ($30/t) with effect from 1 Apr’22, sources informed SteelMint. The revised price stands at INR 73,000-73,500/t ($965-971/t) on FOR Mumbai basis, excluding GST at 18%.