Author: Piyush S Verma
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Western India: Mono Steel lowers rebar offer by INR 1,000/t ($13)
Gujarat based Mono Steel India Ltd (Mono TMT Fe 500) has decreased their rebar offer today by INR 1,000/t . Current offer for 12 mm rebar stands at INR 50,800/t FoR Ahmedabad (excluding GST). Limited demand for rebar steel due to higher price and corrections in semi-finished steel (ingot/billet) prices have resulted in a sharp…