Tag: Conversion

India: MS Ingot to TMT Conversion marginally Down

Jan 21, 2014

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by

Admin Operation

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Conversion from MS Ingot to TMT decreased marginally across India on W-o-W basis. It is observed that TMT prices not increase proportionally to Ingot prices. MS Ingot to TMT conversion fell by INR 100-300/MT on W-o-W basis. TMT (Re-bar) offer have increased by INR 500-700/MT, whereas MS Ingot is raised by INR 700-1,000/MT in a…