Gujarat based Mono Steel India Ltd (Mono TMT Fe 500) has increased rebar offer today by INR 900/t. Current offer for 12 mm rebar is at INR 44,700/t FoR Ahmedabad (excluding GST). Strengthening raw material cost along with active demand resulted in hike in rebar prices, sources told SteelMint. The company has a rolling capacity of 0.22 mn t pa.
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