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India: Primary steel mills hike rebar prices by up to INR 3,000/t ($33/t) for early-Jan26

Source: BigMint Jan 08, 2026 08:30

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Mill inventories drop 25-30% m-o-m. IF-rebar prices see significant uptick

Indian primary steel mills increased rebar prices by up to INR 3,000/tonne (t) ($33/t) for early-January 2026 dispatches. Post-revision, list prices are currently at INR 51,000-53,000/t ($565-588/t) on landed basis. Last week, trade prices of BF-rebar had jumped INR 1,200-3,300/t ($13-37/t) w-o-w on a pan India basis. Market participants had

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