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Deal▲ Bullish for Rhetan TMT
Rhetan TMT, Bajaj Tubular sign MoU for potential ₹250-₹300 crore business
The brief
- Rhetan TMT and Bajaj Tubular signed an MoU for potential business of ₹250-₹300 crore
- The proposal covers about 20,000 tonnes of TMT bars over 24 months
- Potential sales would support Rhetan TMT’s volumes and capacity utilisation