Indian tier-1 mills raise rebar prices by up to INR 4,500/t amid low inventories

Source: BigMint Sep 09, 2026 11:00

Continued maintenance shutdowns, rising project demand prompt hikes. Sharp increase in coking coal costs supports mills firm pricing stance

Indian tier-1 steelmakers raised their rebar list prices by up to INR 4,500/t ($48/t) for early September deliveries. Notably, an eastern-based steelmaker increased its prices by INR 3,000/t m-o-m, while a major PSU steelmaker has raised prices by up to INR 3,000/t, further strengthening the overall price trend. Project rebar

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