Author: Manish Vasdev
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Indian Large Steel Makers Increase Rebar Prices by INR 500-1,000/MT (USD 8-15) for Nov’17
The top steel producers in India; SAIL, TATA, JSW & RINL have increased rebars offers by INR 500-1,000/MT for Nov’17 deliveries, the trade participants report to SteelMint. As per the assessment current reference prices for 12-25mm rebars by these producers are hovering in the range of INR 33,500-34,500/MT (ex-Mumbai) and INR 34,500-35,000/MT (ex-Delhi). The prices…