Author: Suyash Jain
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India: JSP increases long steel prices by INR 1,000/t ($12/t)
Jindal Steel and Power (JSP) has increased prices of long steel products by INR 1,000/t ($12/t), sources informed BigMint. Post-revision, effective prices: Rebar (12-32mm, IS1786): INR 54,500/t ($652/t) Wire rod (5.5-6mm, SAE1008): INR 55,000/t ($658/t) Prices are landed Delhi basis, excluding GST at 18%.