Tag: Conversion Margin

India: TMT Re-bar Offers gain Strength; Conversion Margin increased

Apr 30, 2014

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Admin Operation

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TMT Re-bar prices raised upto INR 2,700/MT in a month’s time owing to high semi finish prices and low production on labour shortage. Presently, TMT market is witnessing upward trend. Offers have gained strength upto INR 2,700/MT M-o-M. Market Participants believe the reasons are: 1. Labour Shortage: Elections & summer season have created labour shortage…