Author: Suyash Jain
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India: Primary mills raise rebar prices by up to INR 1,000/t ($12/t), trade prices rise w-o-w
Indian primary mills have raised rebar list prices by up to INR 1,000/tonne (t) ($12/t), sources informed BigMint. Post-revision, list prices hovered in the range of INR 53,500-54,000/t ($636-642/t) on a landed basis. It should be noted that mills have increased prices by up to INR 2,000/t ($24/t) earlier this month. Following the price hike,…