RINL, one of India’s leading finished long steel producers, has raised prices by INR 500/t, SteelMint learnt from trade sources. The prices have been raised on account of higher coke prices as well as strong export orders with the company. With the price revision, SteelMint’s assessment for BF route (Fe 500D, 12-32 mm) re-bar stands at around INR 52,750/t exy-Chennai, excluding GST.
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