India: ESL hikes long steel prices by INR 1,000/t ($12/t) for Jun’24

ESL Steel Ltd. has increased long steel prices by INR 1,000/t ($12/t), sources informed BigMint. Post-revision, effective prices are at:

  • Rebar (12-32 mm, IS1786): INR 59,500/t ($716/t)
  • Wire rod (5.5-6mm, SAE1008): INR 59,500/t ($716/t)
  • Prices are landed NCR, excluding GST at 18%.