Author: Piyush S Verma

Raipur-based leading rebar producers, GK TMT and GOEL TMT, have reduced rebar Fe 500D prices of size 10-25 mm by up to INR 500/t to INR 47,500/t, exw. Lower semi-finished steel prices and gradually rising inventories at mills owing to limited trade volumes in the spot market prompted manufacturers to slash rebar prices. As per…