Author: Piyush S Verma
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India: Mono Steel lowers re-bar offer by INR 500/t ($7)
Gujarat-based Mono Steel India Ltd. (Mono TMT) has decreased its re-bar price today by INR 500/t. The current offer for Fe500 grade 12 mm re-bar stands at INR 49,900/t FOR Ahmedabad (excluding GST). Lowered price parity in other competitive markets and limited demand – and trade – for re-bar steel in the spot market, not…