Author: Abhishek Bhalla

Conversion spread (margins) of medium & small scale mills narrowed by 23% m-o-m in Jun’20 in the major producing markets i.e. Raipur & Jalna, as per data maintained by SteelMint. Factors behind sharp decline in margins:- Dull demand – Dull demand owing to limited construction activities and lack of workforce has affected procurement pattern of…