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05 Jan
15:25

RINL steel prices remain unchanged in January

Owing to an improvement in trade dynamics, many Indian steel companies, including RINL, have halted the consecutive steel price drops for January deliveries in the domestic market. RINL’s IS 2830 grade 125mm square billet is noted unchanged on-month at INR 49,100/tonne ($661) ex-Vizag for January deliveries. The price for IS 1786 Fe 500D 8mm rebar in coil is registered at INR 58,700/t, Kallanish notes. HC50-HC85 grade 5.5mm wire rod prices remain stabl…
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