Tag: TMT
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India: MS Ingot Prices remain Volatile; W.B Association Active on Low Conversion
MS Ingot offers have increased almost by INR 500/MT W-o-W in the major market on the grounds of low production and high input cost. Market participants believe prices to remain range-bound in near term. Any price rise is limited because of low finish off-take. A Re-bar manufacturer based in Mumbai said, “Initially, I had good…