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07 Feb
17:10

RINL increases long product list prices for February

India’s Rashtriya Ispat Nigam Limited (RINL) has raised its monthly domestic list prices for representative sizes of different long products, billet and pig iron for February, Kallanish notes. The steelmaker has not published a pig iron price this month following the strong increase for January. Prices for 5.5mm, 7mm and 8mm wire rod are increased by 5.4% from the previous list to INR 39,400/tonne ($551.11/t), INR 39,000/t and INR 38,900/t respecti…
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