Tag: Indian primary steel producers further cut rebar prices for mid-May deliveries

Indian primary steel producers have further reduced BF-route rebar prices for mid-May 2022 sales, SteelMint learnt from sources. Current list prices: Steel Authority of India Ltd. (SAIL) has recently adjusted its rebar (12-32mm, IS1786) list prices with effect from 10 May 2022. Post-revision, the effective price stands at INR 68,000-68,500/t ($877-884/t) ex-Mumbai and INR 65,000-65,500/t…