Author: Abhishek Bhalla
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India: Vizag Steel hikes rebar offer for the 3rd time in Dec ’20
Vizag Steel has increased rebar prices further by INR 1,000/t ($14) w.e.f today, trade sources reported to SteelMint. The current rebar (12 mm) offer is reported at around INR 50,100-50,300/t ex-Chennai, excluding GST. The offers have increased by INR 6,500 in total since the beginning of Dec ’20. The company’s output of long steel products…