Tag: Secondary Billet Prices
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Secondary Steel Manufacturers reduce Production by upto 30-40% – Reports
MS Ingot/Billet manufacturers have reduced their production by 30-40% across India owing to falling margins. SteelMint while speaking with manufacturers assessed that most of the secondary steel producers have reduced their production on the grounds of high input cost and low selling price of produced material (Sponge iron & MS Ingot/Billet). It is also assessed…