Real Ispat & Power Ltd (GK TMT), one of the major mid-scale mills in Raipur (Chhattisgarh) has raised rebar offer by INR 500/t. Current rebar 10-25 mm offer stands at INR 40,300/t, exw. Prices strengthened following rebound in sponge iron & billet prices and expectation of further surge in prices by primary mills, market sources told SteelMint.
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