Author: Piyush S Verma
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India: Jalna based rebar manufacturers increase offers by INR 800/t ($10)
Jalna (Maharashtra) based rebar manufacturers have increased their offer by INR 800/t on a d-o-d basis. The current offer for rebar (10-25 mm) stands at INR 42,300-42,400/t. Supportive demand from nearby states, high cost raw material and price increase in other competitive markets led to the price hike.