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 decreased their rebar offer further by INR 500/t. Current offer for 12 mm rebar stands at INR 46,150/t FoR Ahmedabad (excluding GST). Dull demand in the market along with continuously falling raw material prices and lower offers in other competitive markets have together resulted…