Author: Piyush S Verma
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Western India: Mono Steel lowers rebar offer by INR 700/t ($10)
Gujarat-based Mono Steel India Ltd. (Mono TMT, Fe500 grade) has decreased its rebar price today by INR 700/t. The current offer for 12 mm rebar stands at INR 50,600/t, FoR Ahmedabad, (excluding GST). In the last couple of days, the company’s rebar prices have declined by INR 1,700/t. Limited demand for long steel and resulting…