Author: Abhishek Bhalla
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India: JSPL hikes rebar price by INR 1,500/t ($20)
Jindal Steel & Power Ltd (JSPL) has increased rebar offers by around INR 1,500/t. Current offers for 12-32 mm rebar stands at INR 40,000/t (FoR- Mumbai) with effect from today, SteelMint learned from trade sources. Following the hike, other major mills are likely to increase prices in the same quantum. JSPL is one of the…