Category: Rebar

India: JSPL hikes long steel prices further by up to INR 5,000/t ($65/t)

Mar 7, 2022

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by

Kanishka Chhabria

in Rebar

Jindal Steel and Power Ltd (JSPL) has again raised prices for rebars by INR 5,000/t ($65/t) and wire rods by INR 4,000/t ($52/t) for Mar’22 deliveries, sources informed SteelMint. Effective prices: Rebar (12-32mm): INR 73,500-74,000/t ($957-963/t) Wire rod (5.5-6mm): INR 73,000-73,500/t ($950-957/t) These prices are on delivered-Delhi basis, exclusive of 18% GST.