Tag: India: Primary steel mills raise rebar project prices for Feb’23 sales

Indian primary steel mills have raised their monthly rebar contract prices for the projects segment for early-February 2023 sales. Subsequent to the revision, effective prices are in the range of INR 64,000-65,000/t ($775-787/t) FOR Mumbai, SteelMint learnt from sources. Factors keeping prices supported: 1. Increase in raw material prices: Prices of key steelmaking raw materials…