Jindal Steel and Power (JSP) has increased prices of long steel products by INR 1,000/t ($12/t), sources informed BigMint. Post-revision, effective prices:
- Rebar (12-32mm, IS1786): INR 54,500/t ($652/t)
- Wire rod (5.5-6mm, SAE1008): INR 55,000/t ($658/t)
- Prices are landed Delhi basis, excluding GST at 18%.