India: JSPL hikes rebar list prices by INR 1,000/t ($12) for early-Oct’22 deliveries

Jindal Steel and Power Ltd (JSPL) has announced a hike of INR 1,000/t ($12) on list prices of rebars for early-Oct’22 deliveries, sources informed SteelMint. Subsequent to revision, effective prices of rebar (12-32mm, IS1786) stand at INR 58,000/t ($713/t) delivered to Mumbai, excluding GST @ 18%.