SteelMint

Category: Rebar

  • India: ESL hikes rebar prices by INR 1,500/t ($20/t)

    India: ESL hikes rebar prices by INR 1,500/t ($20/t)

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    by

    Kanishka Chhabria
    in

    Vedanta subsidiary ESL Steel has planned another round of hike in the list price of rebar (12-32mm) by INR 1,500/t ($20/t) on the back of increased cost pressure and demand, sources informed SteelMint. Post revision, the effective price for rebar stands at INR 60,500-61,000/t ($808-815/t) exy-Delhi excluding GST at 18%. On a weekly basis, the…