Steel Authority of India Ltd. (SAIL) has recently adjusted its rebar (12-32mm, IS1786) list prices with effect from 10 May’22, sources informed SteelMint. Post revision, the effective price stands at INR 68,000-68,500/t ($877-884/t) ex-Mumbai and INR 65,000-65,500/t ($838-845/t) on ex-plant basis, excluding GST at 18%.

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