Jindal Steel and Power (JSP) has increased prices of long steel products by INR 1,500-2,000/t ($18-24/t) w.e.f. 16 April, sources informed BigMint. Post-revision, effective prices:
- Rebar (12-32mm, IS1786): INR 56,000/t ($670/t)
- Wire rod (5.5-6mm, SAE1008): INR 56,500/t ($676/t)
- Prices are landed Delhi basis, excluding GST at 18%.