Jindal Steel and Power Ltd. (JSPL) has hiked rebar prices further by INR 2,000/t ($27/t) for Feb’22, sources informed SteelMint. The current landed prices stand at INR 64,000-64,500/t ($855-862/t) in Delhi and Mumbai, excluding GST at 18%. Healthy demand in the domestic market and rising input costs amid soaring raw material prices have contributed to the price hike.
Leave a Reply