Raipur (Chhattisgarh) based Real Ispat & Power Ltd (GK TMT) has further raised its IF grade rebar offer today by INR 800/t. The current offer for 10-25 mm size stands at INR 50,500/t exw. In the last couple of days, the company has increased total INR 1,500/t in its rebar prices. Rising raw material cost is the major reason behind price hike, trade sources reported to SteelMint.
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