Author: Vinay Tiwari

Continued maintenance shutdowns, rising project demand prompt hikes Sharp increase in coking coal costs supports mills’ firm pricing stance Indian tier-1 steelmakers raised their rebar list prices by up to INR 4,500/t ($48/t) for early September deliveries. Notably, an eastern-based steelmaker increased its prices by INR 3,000/t m-o-m, while a major PSU steelmaker has raised…