Tag: MS Ingot

MS Ingot conversion spread in Central India widened over MS Ingot shortage and over supply of Sponge iron. Chhattisgarh: Conversion spread to produce 1 MT MS Ingot from 1 MT Sponge iron increases to INR 9,800-10,000/MT from earlier INR 8,500-9,000/MT, due to following reasons: Power Cut and Limited Production of MS Ingot: MS Ingot production…