Raipur (Chhattisgarh) based Real Ispat & Power Ltd (GK TMT) – a leading steel producer of central India has further raised its rebar offer by INR 800/t, d-o-d. Current offer for 12-32 mm size stands at INR 47,400/t, exw. The prices rallied on account of active demand and surge in billet & primary mills’ steel prices, SteelMint learned from trade sources. The company has an annual total capacity to produce 700,000 t of rebar & wire rod.
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