Raipur (Chhattisgarh) based major mid-scale re-roller – Real Ispat & Power Ltd (GK TMT) has reduced its rebar (10-25 mm) offer today by INR 300/t to INR 34,700/t EXW. Falling trades in spot market weighed down domestic prices, and with improved capacity utilization, prices are less likely to improve in short term, as quoted by officials.
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