Steel Authority of India (SAIL) has revised list prices of rebar (12-32mm, Fe 500D) by INR 1,000/t with effect from 29 Jan’22. The revised price stands at INR 56,000-56,500/t ($745-753/t) on an exy-Mumbai basis, excluding GST at 18%.
Improved domestic demand as well as rising raw material costs have resulted in the price rise.
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