India: SAIL rolls over* rebar, wire rod prices for Dec’22 sales

Steel Authority of India Limited (SAIL) has rolled over list prices of rebar and wire rod for Dec’22 sales, sources informed SteelMint. Effective prices:

• Rebars (12-32mm, IS1786): INR 55,500/t ($682/t) exy-Mumbai.
• Wire rods: INR 54,700-55,000/t ($672-676/t) ex-Bhilai Steel Plant.
• The above prices are basic, excluding GST at 18%.