Raipur (Chhattisgarh) based Real Ispat & Power Ltd (GK TMT) has raised IF grade rebar offer by INR 500/t. The current offer for 12-32 mm size stands at INR 46,500/t exw. In the last couple of days, the company increased rebar offer by INR 1,100/t in total. The prices have increased mainly due to rising raw material cost, improved buying inquiries and price hike by other competitive brands in the region, trade sources reported to SteelMint.
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