India: Real Ispat reduces rebar offer by INR 1,000/t ($13)

Raipur (Chhattisgarh)-based Real Ispat & Power Ltd (GK TMT) has reduced its rebar price today by INR 1,000/t. Current offer for 12-32 mm rebar stands at INR 49,000/t exw. Drop in prices by other competitive brands due to lack of demand and falling billet prices led to a significant drop in the company’s rebar offers, sources reported to SteelMint.


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *