Mono Steel India Ltd (Mono TMT Fe 500) has further increased its rebar offer today by INR 500/t. The current trade price for 12 mm rebar stands at INR 44,850/t FoR Ahmedabad (excluding GST) on next day payment terms. Rising raw material prices and improved demand stood as the main factors behind hike in rebar offer, sources told SteelMint. Mono Steel has a rebar capacity of 0.22 mn t pa.
Leave a Reply