Author: Piyush S Verma
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Western India: Mono Steel further increases rebar offer by INR 1,000/t ($14)
Gujarat based Mono Steel India Ltd (Mono TMT Fe 500) has increased rebar offer by INR 1,000/t. Current offer for 12 mm rebar is at INR 48,850/t FoR Ahmedabad (excluding GST) for new bookings. Strengthening raw material prices with active demand resulted in hike in rebar offer, sources told SteelMint. Notably, the company’s plant is…