Bhagyalaxmi Rolling Mill Pvt. Ltd, (Polaad TMT), one of the leading rebar manufacturers in Jalna (western India) has lowered their offer by INR 700/t. Current offer for 10-25 mm rebar stands at INR 46,500/t exw. Factors such as, price gap with other competitive brands and limited buying inquiries and transactions of rebar steel in the spot market, resulted in decrease in offer, sources shared with SteelMint. The company has around 2,000 t rebar production capacity per day.
Leave a Reply