Secondary rebar manufacturers based in UP, Rajasthan, Haryana and NCR have increased gauge parity for 10-25 mm by INR 500/MT w.e.f 20 Jul’16.
Secondary rebar manufacturers across north India like UP, Haryana, Rajasthan and NCR region have increase their gauge parity by INR 500/MT for few sizes like 10-25 mm w.e.f today.
As per our sources, Rathi and Kamdhenu Group, the largest rebar producers based in north India, has declared the revised guage parity yesterday.
Following this, other rebar producers based in north India like Jaipur, Muzaffarnagar, Ghaziabad and Haryana have declared today about the same.
Presently, 12 mm rebar prices in Delhi/ NCR are in the range of INR 26,100-26,600/MT (basic price, excise duty and other taxes extra, freight included) by secondary rebar players.
Old and new rebar gauge parity in north India (UP, NCR, Rajasthan)
|
Old Gauge Parity w.e.f 2 Dec’14 |
New Gauge Parity w.e.f 20 July’15 |
| Base Price=28mm | Base Price=28m |
| 8 mm = Base+3,000 | 8 mm = Base+3,000 |
| 10mm = Base+1,500 | 10 mm = Base+2,000 |
| 12-25 mm = Basic+1,000 | 12-32 mm = Basic+1,500 |
Gauge parity in INR/MT
Source: SteelMint Research
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