ESL Steel Ltd. has increased long steel prices by INR 1,000/t ($12/t), sources informed SteelMint. Post-revision, effective prices are:
- Rebar (12-32 mm, IS1786): INR 52,500-53,000/t ($632-638/t)
- Wire rod (5.5-6mm, SAE1008): INR 53,500/t ($644/t)
- Prices are landed Delhi, excluding GST at 18%.