India: Leading mill raises rebar prices by INR 1,500-2,000/t for Sep'26; prices up INR 4,500-5,000/t m-o-m

Source: BigMint Sep 03, 2026 10:00

Tight primary supply, maintenance shutdowns strengthen mills pricing power. Infrastructure demand, low inventories and improved buying support sentiment

A leading Indian steelmaker has raised rebar list prices by INR 1,750/t ($18/t) for early September deliveries. Following the early-August price announcement, the company raised prices by INR 3,250/t during August, taking the cumulative August-September increase to INR 5,000/t m-o-m. Several integrated mills remain under scheduled maintenance, although some have

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