India: ESL hikes wire rod prices by INR 1,000/t ($12/t)
ESL Steel Ltd. has increased wire rod prices by INR 1,000/t ($12/t), sources informed BigMint. Post-revision, prices of wire rods (5.5-6 mm, SAE1008) stood at INR 56,000/t ($668/t) landed NCR. Prices exclude GST at 18%.