Central India: Raipur based mill decreases rebar offer by INR 1,000/t

Sourabh Rolling Mill Pvt. Ltd. (Speed TMT) – one of the major mid-scale rolling mills in Raipur, Central India has decreased rebar (10-25mm) offer by INR 1,000/t to INR 33,000/t d-o-d basis, SteelMint learned from officials. Decreasing billet prices and inadequate material lifting led to price correction.