Intel Details

India: Mono Steel resumes rebar offer with a steep hike of INR 3,000/t ($40)

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16 Apr 2021, 12:12 IST
Steel Mint Intel

Mono Steel India Ltd, a leading rebar manufacturer in Gujarat (Western India), has revised its rebar offer with resumption of production activities from today after 5-day maintenance shutdown. Price of 12 mm rebar has been raised sharply by INR 3,000/t to INR 51,200/t FoR Ahmedabad. The resumption of operations will boost the rebar supply in the region. Mono Steel has a rolling capacity of about 0.22 mn t rebars pa.

16 Apr 2021, 12:12 IST
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