Author: Abhishek Bhalla

Electrosteel Steels has increased rebar and wire rod prices further by INR 750/t w.e.f today, trade sources reported to SteelMint. The current rebar (12-32 mm) offer is reported at around INR 48,000/t and wire rod (SAE1008 grade, size 5.5 mm) offer stands at INR 50,350-50,400/t, ex-works Jharkhand (excluding GST). The offers for rebar have increased…