India: JSPL announces cut in long steel prices for June deliveries

Jindal Steel and Power Ltd (JSPL) has announced a reduction in list prices of rebar (12-32mm, IS1786) and wire rods (SAE1008) for Jun’22 sales, sources informed SteelMint. Post revision, the effective price stands at INR 63,000/t ($812/t) for rebar as well as wire rod. Prices are basic excluding GST at 18% on delivered Delhi basis.


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