ESL Steel Ltd has lowered long steel prices by INR 500/t ($6/t) for Nov’22 dispatches, sources informed SteelMint. Post-revision, effective prices would be:
- Rebars (12-32 mm, IS1786): INR 57,000-57,500/t ($696-702/t)
- Wire rods (5.5-6 mm, SAE1008): INR 57,000-57,500/t ($696-702/t)
- Prices are exy-Delhi, excluding GST at 18%.
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