Raipur based mid-sized rolling mills have resumed their rebar offers after holding it for five days. The mills held offers to improve conversion spread (margins) with balanced supply-demand and have put up a condition that lifting should be done within 5 days. Currently, rebar offers assessed at INR 37,500/t and the spread for 10-25 mm rebar stands around INR 2,750-3,000/t, SteelMint learnt from trade channels.
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