Author: Piyush S Verma

Gujarat based Mono Steel India Ltd (Mono TMT Fe 500) has lowered its rebar offer by INR 400/t to INR 48,750/t (12 mm) FoR Ahmedabad (excluding GST). Reasons behind price correction are – limited future bookings, correction in billet prices, improved supply movement due to resumption of its steel plant which was on scheduled maintenance…