Tag: Capacity Utilization
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50-75% Capacity Utilization at Secondary Rebar Mills
Rebar offers fall by upto INR 3,100/MT M-o-M across Indian market. Secondary rebar mills are operating below capacity across all Indian markets owing to adverse market situation. Continuous fall in prices, narrowed conversion margins from billet to rebar are some of the major reasons due to which production has been cut. SteelMint surveyed various rebar…