Jindal Steel and Power (JSP) has increased rebar list prices by INR 500/t ($6/t), while rolling over wire rod prices with effect from 1 June 2024, sources informed BigMint. Post-revision, effective prices are:
- Rebar (12-32mm, IS1786): INR 59,000-59,500/t ($707-713/t)
- Wire rod (5.5-6mm, SAE1008): INR 58,500/t ($701/t)
- Prices are landed Delhi basis, excluding GST at 18%.