Tag: Indian primary steel mills roll over Dec’22 rebar prices for project segment

India: Primary mills keep rebar project prices unchanged, likely to rise in near term

Dec 9, 2022

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by

Suyash Jain

in Rebar

Indian primary steel mills have rolled over their monthly rebar contract prices for the project segment for December sales, SteelMint learnt from sources. Effective prices are at INR 55,000-56,000/t ($668-681/t) FOR Mumbai. Why prices may remain supported? 1. IF-route rebar trade prices rise w-o-w: IF rebar trade prices have witnessed an increase of nearly INR…