Real Ispat & Power Ltd (GK TMT) based in Raipur (Chhattisgarh) has reduced its rebar price today by INR 500/t. Current offer for 12-32 mm rebar offer stands at INR 43,800/t exw. Drop in prices by other competitive brands due to lack of demand and falling billet prices led to a significant drop in the company’s offers, sources reported to SteelMint.
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