India: JSW Steel hikes long steel price for 3rd time in Nov

JSW Steel has increased finished long steel prices further by around INR 750/t. Current offer for 12-32 mm rebar (550 D) is assessed at INR 43,750-44000/t, FoR- Mumbai and excluding GST, SteelMint learned from trade sources. Company’s output of long steel products stood at 1.86 mn t in 9M CY’20