Raipur (Chhattisgarh) based major mid-scale mill – Real Ispat & Power Ltd (GK TMT) increased its rebar (10-25mm) offer today by INR 300/t to INR 36,300/t, exw. Offer has increased due to rise in raw materials prices (sponge & billet) along with improved demand, sources reported to SteelMint. The company has raised offers by a total of INR 1,300/t w-o-w.
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