India: ESL Steel revises long steel prices for early Jan’23

ESL Steel Ltd has revised long steel prices for early Jan’23 sales, sources informed SteelMint. Post-revision, effective prices stand at:

• Rebars (12-32 mm, IS1786): INR 60,750/t* ($735/t)
• Wire rod (5.5-6mm, SAE1008): INR 59,000/t ($713/t)
• Prices are exy-Delhi basis, excluding GST at 18%.