India: Jalna based mill increases rebar offer by INR 500/t

Kalika Steel Alloys Pvt. Ltd, (Kalika TMT) – a major rolling mill in Jalna, Western India has increased rebar (10-25 mm) offer by INR 500/t to INR 33,500/t EXW as per officials. Adequate transactions from the last couple of days owing to strengthening fundamental sentiments led to the increase in price range.