Raipur (Chhattisgarh) based major mid-scale mill – Real Ispat & Power Ltd (GK TMT), today has cut its rebar (10-25 mm) offer by INR 300/t to INR 35,000/t, exw. Decline in sponge iron & billet prices along with weakening demand has resulted in drop in rebar price range, sources stated to SteelMint.
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