Tag: TMT
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India: Conversion Spread Increase from Billet to Rebar
Currently, Indian billet and rebars have registered volatility in prices as there was fluctuation in the demand. Amid volatile prices the conversion spread from Billet to 12mm rebar in major markets reported in positive note. The spread are as follow – Raipur at INR 4,700/MT, Durgapur at INR 5,000 /MT, Mumbai at INR 3,700/MT &…