India: SAIL raises rebar prices by INR 1000/t ($12/t) for mid-Dec’22 sales

Steel Authority of India Limited (SAIL) has raised its list prices of rebars by 1,000/t ($12/t) for mid-Dec’22 sales, sources informed SteelMint. The effective rebar (12-32mm, IS1786) prices stand at INR 56,500/t ($686/t) exy-Mumbai. The prices mentioned are basic, excluding GST at 18%.