Author: Abhishek Bhalla

Vizag Steel has increased finished long steel price by up to INR 800/t ($11) for Mar sales, sources have reported to SteelMint. The current offer for rebar (12 mm) stands at around INR 50,500/t and wire rod SAE 1008 (5.5 mm) at INR 48,100/t ex-Vizag, excluding GST. Improving sentiments in the secondary long steel segment…