India: JSPL raises rebar prices by INR 1,500/t ($20/t)

Jindal Steel and Power Ltd (JSPL) has announced a hike in list prices of rebar for early-Feb’22 sales by INR 1,500/t ($20/t), sources informed SteelMint. The revised price stands at INR 61,500-62,000/t ($823-830/t) delivered Delhi basis, excluding GST at 18%.