Author: Abhishek Bhalla
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India: Rebar Conversion Spread Records All Time High
Conversion spread from billet to rebar for Raipur based medium & small scale mills have hit record high, as per the data maintained by SteelMint since Jan’14. The prevailing conversion spread in Raipur from Billet (100*100 mm) to Rebar (12 mm) is hovering at INR 6,000-6,500/MT, which was registered at around INR 4,000/MT during Jan’20-Mar’20.…