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India: Mono Steel reduces re-bar prices further by INR 500/t ($7)

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13 Sep 2021, 11:13 IST
Steel Mint Intel

Gujarat-based Mono Steel India Ltd. (Mono TMT) has decreased its re-bar price today by INR 500/t. The current offer for Fe 500 re-bar of 12mm size stands at INR 47,400/t FOR Ahmedabad, (excluding GST). Limited demand for re-bar in the spot market and higher prices in the state compared to other markets are major factors weighing on prices. Heavy rainfall in the region may affect trade activities today, sources shared with SteelMint.

13 Sep 2021, 11:13 IST
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