Raipur (Chhattisgarh) based major mid scale mill – Real Ispat & Power Ltd (GK TMT) has raised its rebar offer by INR 1,000/t. The current offer for 10-25 mm size stands at INR 38,000/t, exw. Following a significant hike in sponge iron & billet prices, the mill has raised rebar prices. Also, SteelMint has learned that rebar demand has improved across all segments.

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