Raipur (Chhattisgarh) based Real Ispat & Power Ltd (GK TMT) has further raised its IF grade rebar offer today by INR 1,600/t. The current offer for 12-32 mm size stands at INR 50,000/t exw. In the last two days, the company increased total INR 3,000/t in its rebar prices. Rising raw material prices is the major reason behind the price hike, trade sources reported to SteelMint.
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