Raipur, Chhattisgarh-based Real Ispat & Power Ltd. (GK TMT) has slashed rebar prices by INR 1,000/t on 13 Nov’21. Current offers for 10-25mm rebar (Fe 500D) stands at INR 51,000/t exw. Lack of demand and plunging steel billet prices have led to a significant drop in rebar prices over the last few days, SteelMint learnt from sources.
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