SAIL may hike long product prices by Rs 500/MT. The
previous hike in prices for long product was seen in April. The hike if announced this month would become 4th such hike
time in past four months.
According to a top official from SAIL, “Prices should move up as we expect to see better demand in the month of May. Raw material
prices have also gone up. So, this should support a rise in prices.”
The Current prices for TMT Bars are as follows:
Size Prices (Rs/MT)
8 mm 50,900
10 mm 49,900
12 mm 49,400
Prices are All Inclusive, Excluding VAT of 4%
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