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Indian Steel Mills Increase Rebar Prices on Improved Inquiries
Indian medium steel mills increased rebar prices by INR 100-400/MT day-on-day on improved demand and with surge in billet prices. According to SteelMint price assessment, today the offers by medium mills for 415/500 Fe grade rebars (size 12 mm) are reported – at INR 36,200-36,400/MT (+ 100) ex-Raipur, INR 36,400-36,600/MT (+100) ex-Durgapur, INR 38,900-39,200/MT(+200) ex-Mumbai,…