Author: Piyush S Verma

Bhagyalaxmi Rolling Mill Pvt Ltd, (Polaad TMT), one of the leading rebar mills in Jalna, Maharashtra has lowered rebar offers by INR 800/t ($11). Current offers for 10-25 mm rebar stands at INR 48,500/t, exw. Limited buying inquiries, higher inventories at mills, price gap with other competitors and lower billet prices prompted the company to…