Author: Piyush S Verma
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Western India: Mono Steel increases rebar offer by INR 1,000/t ($14)
Gujarat based Mono Steel India Ltd (Mono TMT Fe 500) today hiked its rebar offer by INR 1,000/t. The current offering price for 12 mm rebar stands at INR 46,150/t FoR Ahmedabad (excluding GST) on next day payment terms. Active demand from infrastructure projects, increasing raw material cost, and price increase in other competitive markets…