India: SAIL increases rebar price further by INR 1,500/t ($20)

Indian government owned – SAIL has increased rebar prices further for the retail segment by INR 1,500/t, which is the fourth price hike in this month (Nov’20), sources reported to SteelMint. The current offer for rebar 12-32 mm size stands at INR 45,000/t, exy Mumbai & excluding GST.