Author: Abhishek Bhalla
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Central India: Raipur based mills lower rebar offers by INR 700/t ($10)
Raipur based mid-sized rebar manufacturers have sharply reduced their offers by INR 700/t. The current rebar offering for 10-25 mm size stands at INR 40,500/t, SteelMint learnt from trade channels. Mills are continuously reducing offers to improve buying inquiries and to maintain price parity with surrounding markets.