Gujarat based Mono Steel India Ltd (Mono TMT Fe 500) has increased rebar offers today by INR 800/t. The current trade price for 12 mm rebar on next day payment terms stands at INR 35,300/t FoR Ahmedabad. Price hikes by other competitive brands in the state have pushed the company to increase its offers, sources told SteelMint. Mono Steel has a rolling capacity of 0.22 mn t pa.
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