Chhattisgarh-based rebar manufacturers raise gauge parity by INR 500/t

Raipur and Raigarh-based rebar manufacturers have revised gauge parity, sources have reported to SteelMint. Gauge differences have increased by INR 500/t for sizes 8 mm and 32 mm with effect from 14 Sep’22 while no change was made for 10-25 mm size. The current gauge difference for 10-25 mm rebar stands at INR 4,500/t and that for 8 mm and 32 mm size is at INR 6,000/t.