Bhagyalaxmi rolling mill - one of the major rebar manufacturing companies with a brand name of Polaad TMT at Jalna, inaugurated a new induction furnace of 30 t recently. It has currently four furnaces of 30 t each with a total melting capacity of 1200 tpd, shared company official with SteelMint. Yesterday, company's rebar (size 10-25 mm) offers stood at INR 34,500/t exw.
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