According to sources, Indian steel mills have increased rebar prices slightly since late in the week ended February 9 on improved demand and slight rebound in domestic billet prices. Present prices are reportedly per the table below.
|
Indian rebar, (12mm, domestic, ex-works*) |
INR/mt (avg) |
$/mt (avg) |
|
Ex-Raipur |
36,300 |
$565 |
|
Ex-Durgapur |
36,500 |
$568 |
|
Ex-Mumbai |
39,050 |
$608 |
|
Ex-Delhi |
38,300 |
$595 |
|
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*Medium sized steel mills |
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USD = INR 64.25 (Feb 12) |
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