Rebar manufacturers in Jalna (Maharashtra) have revised rebar gauge parity, sources reported to SteelMint. Gauge differences have increased by INR 500/t in all sizes (i:e; 8 to 32 mm), effective from today (30 Dec). Re-rollers have increased gauge parity after a gap of one year to improve conversion spread, which is currently at INR 4,852/t in Dec’20 (till 30th Dec) against INR 3,329/t in Nov’20.
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