Tag: SteelMint Morning Brief

Indian large mills raise long steel prices, withdraw rebates on flats

Aug 6, 2021

—

by

Admin Operation

in Rebar

Indian primary mills have raised their list prices in Aug’21. As per the price announcements for long products, the Steel Authority of India (SAIL) and Rashtriya Ispat Nigam Limited (RINL) have raised rebar prices by INR 1,000-1,500/t. After the hike, the offers for rebar (12-32 mm) stand at around INR 50,500-51,000/t ex-Mumbai, excluding GST. In…