Jindal Steel and Power (JSP) has increased list prices of long steel products by INR 1,000/t ($12/t) for early-Apr’24, sources informed BigMint. Post-revision, effective prices:
- Rebars (12-32mm, IS1786): INR 53,500-54,000/t ($641-647/t)
- Wire rods (5.5-6mm, SAE1008): INR 54,000/t ($647/t)
- Prices are landed Delhi basis, excluding GST at 18%.