Author: Manish Vasdev

Indian large steel producers have increased long steel prices by INR 1,000-1,200/MT (USD 15-18) according to market sources. Prices have increased consecutively in last couple of months. Current offers for 12-25 mm re-bar assessed at INR 34,500-35,000/MT (ex-Mumbai), which was 33,500-34,000/MT last month. Prices in Delhi are assessed at INR 35,000-35,500/MT for same size. Prices…