Author: Abhishek Bhalla

Conversion spread (margins) of medium & small scale mills narrowed by 16% m-o-m in Oct’20 in the key markets including Raipur (central India), as per data maintained by SteelMint. In other regions like western, southern and eastern India, spread fell by 5- 10% on m-o-m basis. Factors behind decline in margins:- Limited supplies to outside…