Author: Suyash Jain
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India: ESL hikes long steel prices by INR 750/t ($9/t)
ESL Steel Ltd. has increased long steel prices by INR 750/t ($9/t), sources informed BigMint. Post-revision, prices are as follows: Rebar (12-32 mm, IS1786): INR 52,250/t ($612/t) Wire rod (5.5-6 mm, SAE1008): INR 54,750/t ($641/t) Prices are landed NCR, excluding GST at 18%.