Author: Piyush S Verma
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Western India: Kalika Steel further reduces rebar offer by INR 500/t ($7)
Kalika Steel Alloys Pvt. Ltd, (Kalika TMT) – one of the major rolling mills in Jalna, western India has reduced its rebar offer by INR 500/t. Current induction grade rebar offer for 10-25 mm size stands at INR 42,300/t exw. Prices have decreased owing to dull demand in the market and rising inventories at mills,…