India: IF rebar mills increase gauge parity in Punjab

IF rebar producers in Mandi Gobindgarh have increased gauge parity for sizes such as 8 mm and 10 mm by INR 400/t and INR 200/t, respectively. For 28 mm and 32 mm, the revision has been in the range of INR 1,300-1,500/t, varying across mills. For other sizes, diameter differences remain stable. Surging costs of steel rolling have driven producers to increase gauge parity.