Kalika Steel Alloys Pvt. Ltd, (Kalika TMT), one of the major rolling mills in Jalna, Western India has increased rebar offers today by INR 500/t. Current rebar 10-25 mm offer stands at INR 44,800/t exw. Decent future booking orders and active buying inquiries amid rising semi-finished steel prices remained the major factors behind price hike. The company has approx 40,000 t rebar production capacity on a monthly basis.
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