Raipur (Chhattisgarh) based Real Ispat & Power Ltd (GK TMT) has reduced its rebar offer by INR 700/t. Current offer for 12-32 mm rebar stands at INR 40,000/t exw. As per trade channels, price drop by other competitive brands in the region amid weak demand and continuously falling semi-finished steel prices have resulted in sharp decline in rebar offer by the company.
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