Jindal Steel and Power Ltd. (JSPL) has further raised rebar prices by INR 1,200/t ($16/t) today, sources informed SteelMint. Effective price stands at INR 58,500-59,000/t ($778-784/t) for end-Jan’22 sales, delivered Delhi basis excluding GST at 18%.
JSPL has taken this hike on improved domestic demand along with cost push amid soaring coal prices.
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