Author: Abhishek Bhalla
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Indian Re-rollers Conversion Spread Hit Over 1-Year Low on Falling Demand
As per SteelMint’s analysis, during Feb’19 monthly conversion spread of secondary Re-bar (TMT) makers in West region (Mumbai) hit 28-months low. Meanwhile in other major producing markets it being fall sharply and hit near to 13 months low in Raipur & in Chennai. The fall in conversion spread attributes to rising capacities, improper demand of…