Jindal Steel and Power Ltd. (JSPL) has corrected rebar (12-32mm, IS1786) prices with effect from 10 May’22, sources informed SteelMint. The effective price stands at INR 65,500-66,000/t ($845-852/t) on ex-plant basis, and INR 69,500-70,000/t ($897-903/t) delivered Delhi basis, excluding GST at 18%.
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