SteelMint

Tag: TMT

  • India: RINL hikes long steel list prices by up to INR 2,500/t ($30/t)

    India: RINL hikes long steel list prices by up to INR 2,500/t ($30/t)

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    by

    Suyash Jain
    in

    Rashtriya Ispat Nigam Limited (RINL) has increased list prices of long steel products by up to INR 2,500/t ($30/t), sources informed BigMint. Post-revision, effective prices: Rebar (16-32mm, IS1786): INR 59,300/t ($711/t). Wire rod (5.5-6mm, SAE1008): INR 56,400/t ($676/t). Prices are exy-Chennai, excluding GST at 18%. Note- Schemes/discounts and rebates are additional on the above prices.