India: Rebar prices in Jalna hit all time high

Rebar prices Jalna (Maharashtra) have hit all-time high and are currently seen at INR 42,200-42,500/t exw, highest since Sep’10 as per data maintained with SteelMint. Notably, Jalna is one of the major rebar manufacturing hub in western India with daily rebar production capacity of over 10,000 t by over all mills. Hike in raw material cost and improved finished steel demand resulted in hike in rebar prices.


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *