India: Major Maharashtra-based induction furnace rebar mills revise diameter differentials by INR 500/t

• Gauge parity revision expected to improve margins for mills
• Revision comes amid elevated raw material costs

Major induction furnace (IF) rebar mills based in Mumbai, Maharashtra, have revised their diameter-wise price differentials by INR 500/t, effective 22 October 2026.

The differential for 10-16 mm rebar has been increased by INR 500/t to INR 5,500/t, while premiums for 8 mm, 20 mm, 25 mm and 32 mm diameters witnessed no change in parity.

Revised diameter differentials

10-16 mm: INR 5,500/t (increased by INR 500/t)

8 mm and 32 mm: INR 6,000/t (no changes)

20 mm and 25 mm: INR 5,500/t (no changes)

Mills revised the gauge-wise price differentials upward by INR 500/t to improve margins. These revised pricing structure will apply to transactions from 22 October 2026 onward and to be reflected in Mumbai IF rebar offers and transaction levels.