Recently, SAIL, the Steel Authority of India, has announced the tax-exclusive prices of its rebar and wire rods for August. Prices are as follows:
Rebar (IS1786 12-32mm) prices at Rs 58,500-59,000/t ($739-746/t) EXY Delhi;
Wire rod prices are at Rs 56,500-56,800/t ($714-718/t) EXW.