Author: Kameshwar Rao
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India: IF-based rebar mills in Chennai raise diameter parity by INR 500-1,000/t on higher input costs
8mm and 32mm parity raised by INR 1,000/t 10 mm, 12 mm, 16mm parity raised by INR 500/t Induction furnace (IF) rebar mills in Chennai, Tamil Nadu, have revised diameter-wise gauge parity by INR 500-1,000/t, effective for transactions from 29 September 2026. The revision reflects continued pressure on production economics amid higher raw material and…