Author: Suyash Jain
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India: JSW Steel increases long steel prices by up to INR 1,100/t ($13/t)
JSW Steel has increased prices of long steel products by up to INR 1,100/t ($13/t) w.e.f. 6 May’24, sources informed BigMint. Post-revision, effective prices: Rebar (12-32mm, IS1786): INR 58,500/t ($701/t) Wire rod (5.5-6mm, SAE1008): INR 55,600/t ($666/t) Prices are landed Mumbai basis, excluding GST at 18%.