Author: Piyush S Verma
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Western India: Mono Steel further reduces rebar offer by INR 500/t ($7)
Gujarat based Mono Steel India Ltd (Mono TMT Fe 500) has further reduced rebar offer by INR 500/t. Current offer for 12 mm rebar stands at INR 41,850/t FoR Ahmedabad (excluding GST), effective from today. Offers decreased by total INR 1,500/t this week. Lack of buying inquiries and dull demand remained as the major factors…