Rebar manufacturers based in Muzaffarnagar, Ghaziabad & Bhiwadi have increased gauge parity by INR 200-500/MT for 10-25 mm w.e.f 3 Sep’16.
Rebar manufacturers across north India like Muzaffarnagar, Ghaziabad & Bhiwadi region have increased their gauge parity by INR 200-500/MT for 10-25 mm w.e.f 3 Sep’16. While the parity remained unchanged for 8mm.
Rathi and Kamdhenu Group, the leading rebar producers based in north India, has also revised guage parity from 3 Sep’16 .
Presently, 12-25 mm rebar prices in Delhi/ NCR are in the range of INR 27,100-28,000/MT (basic price, excise duty and other taxes extra, freight included).
Old and new rebar gauge parity in north India (Muzaffarnagar, Ghaziabad/ Bhiwadi).
| Old Gauge Parity
w.e.f 20 Jul’16 |
New Gauge Parity
w.e.f 3 Sep’16 |
| Base Price=floor price | Base Price=floor price |
| 8 mm = Base+7,000 | 8 mm = Base+7,000 |
| 10 mm = Base+6,000 | 10 mm = Base+6,500 |
| 12-25 mm = Basic+6,000 | 12-25 mm = Basic+6,200 |
Gauge parity in INR/MT
Source: SteelMint Research
Leave a Reply