Tag: TMT
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Conversion Spread from Billet to Rebar Remain On Positive Note
Since, couples of weeks the long steel prices in India are rigorously declining due to two major factors which are falling Ingot/billet prices & persistent weak trends globally. Notably, the proportion for the fall in the prices for long steel (rebar) is similar to billet and ingot offers. Hence, this fall in the offers has…