Author: Sandeep Goyal

Dull finish sales have pulled down conversion spread by INR 500/MT compared to last month for rebar manufacturers in Raipur and Durgapur. Secondary rebar manufacturers especially in Raipur and Durgapur are running plant with low conversion spread (from billet to rebar) in Feb’16. The major reason behind this is high MS ingot/billet prices, which were…