Raipur (Chhattisgarh) based major mid-scale mill – Real Ispat & Power Ltd (GK TMT), today increased rebar (10-25 mm) offer by INR 400/t to INR 37,000/t, exw on account of rising raw material & sponge iron prices amid demand recovery, SteelMint learned from trade sources. Other local mills are likely to rise their offers by similar amount, sources reported.
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