Author: Piyush S Verma
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India: Mills reduce rebar offers by INR 1,200/t in Raipur
Raipur, Chhattisgarh-based IF rebar manufacturers decreased their offers today by INR 1,200/t. The current offer for rebar (Fe 500, 10-25mm) was assessed at INR 46,500/t exw. Persistent fall in raw material prices in the last couple of days and dull buying enquiries for rebar steel in central India forced manufacturers to reduce prices, SteelMint learnt…