Category: Rebar
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India: SAIL slashes rebar prices by INR 2,000/t ($27/t) for Dec’21 sales
PSU steel major SAIL has revised its list prices of rebar (12-32mm) by INR 2,000/t for Dec’21 sales, sources informed SteelMint. The effective price of rebar (Fe 500 D) stands at around INR 58,000/t ($772/t), on an exy-Mumbai basis excluding GST at 18%. The Indian integrated steel producers are reducing prices amidst a sharp correction…