India: JSW Steel raises wire rods prices by up to INR 4,250/t ($56/t)

Steel major JSW Steel has raised list prices of wire rods by INR 4,250/t ($56/t) effective 1 Apr’22, sources informed SteelMint. The revised price for wire rods (5.5-6mm, SAE1008) stands at INR 73,000-73,500/t ($970-976/t) on FOR Mumbai basis, excluding GST at 18%.