Author: Abhishek Bhalla
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Eastern India: Durgapur based rebar makers raise gauge parity by INR 500/t
The rebar manufacturers in Durgapur (West Bengal) have revised gauge parity effective from today (28 Oct), sources have reported SteelMint. Guage differences have increased by INR 500/t to cover maximum sizes (i:e; 8,10,12,20 & 25 mm) which are mainly transacted in retail segment. Fall in conversion spread from billet to rebar has resulted in gauge…