Author: Suyash Jain

India: Primary steel mills raise rebar prices by up to INR 1,000/t ($12/t) for early-Nov’24

Nov 6, 2024

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by

Suyash Jain

in Rebar

Inventories decline 15-20% m-o-m Property registrations rise in key market Indian primary mills have raised rebar list prices by up to INR 1,000/tonne (t) ($12/t) for early-November 2024 deliveries, sources informed BigMint. Post revision, list prices are hovering in the range of INR 54,500-55,500/t ($646-658/t) on landed basis. It should be noted that mills had…