India: Rebar manufacturers raise gauge parity by INR 500/t in Jalna

Jalna, western India-based rebar manufacturers revised the gauge parity, as per sources. Gauge differences have been increased by INR 500/t with effect from 31 Dec’22 for all sizes. The current gauge difference for 10-25 mm rebar stands at INR 4,500/t and for 8 and 32 mm at INR 5,500/t.