Raipur (Chhattisgarh) based major mid-scale mill – Real Ispat & Power Ltd (GK TMT), has increased it’s rebar(10-25 mm) offer today by INR 500/t to INR 35,500/t exw. Demand recovery along with rising sponge & billet prices resulted in surge in finished steel price hike, SteelMint learned from industry experts.

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