Jindal Steel and Power (JSP) has increased prices of long steel products by INR 1,000-1,500/t ($12-18/t) w.e.f. 1 May’24, sources informed BigMint. Post-revision, effective prices:
- Rebar (12-32mm, IS1786): INR 58,500-59,000/t ($701-707/t)
- Wire rod (5.5-6mm, SAE1008): INR 58,500/t ($701/t)
- Prices are landed Delhi basis, excluding GST at 18%.