India: SAIL hikes structurals prices by up to INR 2,200/t ($27/t) for early-Jan'23
Steel Authority of India Ltd (SAIL) has increased list prices of structurals by up to INR 2,200/t ($27/t) for early-Jan'23 sales. Post revision, effective prices of base grade light structural steel stand at INR 59,500-60,500/t ($718-730/t). Prices are ex-Mumbai basis, excluding GST at 18%.