Author: Kameshwar Rao
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India: Rebar producers in Chennai raise gauge parity by INR 500/t
Rebar manufacturers in Chennai have revised their gauge parity, according to sources. The gauge difference has been increased by INR 500/t for 12mm and 16mm rebar. The revised parity is as follows: 20mm & 25mm – basic rate 10mm, 12mm & 16mm – additional INR 500/t 8mm & 32mm – additional INR 1,500/t This adjustment…