Real Ispat & Power Ltd (GK TMT) based in Raipur (Chhattisgarh) has reduced its rebar offer by INR 1,000/t. Current offer for 12-32 mm rebar stands at INR 43,000/t exw. As per trade sources, weak demand and buying inquiries along with continuously falling semi-finished steel prices have resulted in sharp decline in rebar offer by the company.
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