Gujarat based Mono Steel India Ltd (Mono TMT Fe 500) has decreased their rebar offer by INR 500/t. Current rebar 12 mm offer stands at INR 48,250/t FoR Ahmedabad (excluding GST). Corrections in raw material (scrap and billet) prices due to limited demand has resulted in drop in offer, sources told SteelMint. Mono Steel has a rolling capacity of 0.22 mn t pa.
Leave a Reply