Several factors influence the price fluctuations of 16 mm steel rods, prominently driven by global and local market dynamics. Firstly, changes in raw material costs, such as iron ore and scrap metal, impact steel prices directly. Secondly, demand from sectors like construction and infrastructure heavily influences pricing trends. Thirdly, geopolitical factors, currency fluctuations, a... https://medium.com/@rohithdevara328/understanding-tmt-bars-weight-calculation-and-is-code-standards-0018e423d395