Category: Rebar

India: JSPL hikes long steel prices by up to INR 3,000/t ($40/t)

Mar 2, 2022

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by

Kanishka Chhabria

in Rebar

Jindal Steel and Power Ltd. (JSPL) has raised list prices of rebar by INR 3,000/t ($40/t) and INR 2,000/t ($26/t) for wire rods for Mar’22 sales, sources informed SteelMint. Effective prices: Rebar: INR 66,000-66,500/t ($877-878/t) Wire rods: INR 65,500-66,000/t ($865-872/t) Prices mentioned are delivered-Delhi basis, excluding GST at 18%.