Author: Abhishek Bhalla
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Will Re-rollers Conversion Spread Sustain ?
The long steel prices in India are rigorously moving down due to like decline in Ingot/billet prices amid seasonal slow demand and rising inventories with the rolling mills. Monthly Average Rebar price for major cities (12 mm) Month Durgapur Delhi/NCR Raipur Chennai Jalna Jun’18 41,110 43,696 40,704 40,600 40,408 Jul’18…