India: JSW Steel hikes rebars prices by INR 1,500/t ($18/t)

JSW Steel has announced an increase in list prices of rebars (12-32mm, IS1786) by INR 1,500/t ($18/t) with effect from today, sources informed SteelMint. Post-revision, effective prices stand at INR 63,500-64,000/t ($776-782/t), exy-Mumbai, excluding GST at 18%.