Rashtriya Ispat Nigam Ltd. (RINL), the corporate entity of Visakhapatnam Steel Plant (VSP) raised rebar prices by INR 2,000/t ($26/t) for Mar’22 sales, sources informed SteelMint. The effective prices stands at around INR 68,000-68,500/t ($893-900/t) on exy-Chennai basis, excluding GST at 18%.
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