Author: Kameshwar Rao
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India: Major IF mills raise rebar prices by INR 500/t in Raipur
Central India (Raipur) based Goel TMT has increased re-bar (Fe-500D, 10-25 mm) prices by INR 500/t to INR 54,600/t exw, while GK TMT has raised prices by INR 500/t to INR 54,200/t (GST and other charges extra). Elevated demand in finished products especially in rebar and wire rod amidst shortage of Billet in spot market,…