Secondary rebar manufacturers based in Raipur have increased gauge parity for all sizes with immediate effect. Prior to this, gauge parity was revised on 27 May’15.
Raipur based secondary rebar manufacturers in a meeting held today have increased rebar gauge parity for 8, 10, 12 & 32 mm by INR 200/MT and 16, 20 & 25 mm by INR 400/MT with immediate effect.
Rebar offers in Raipur by secondary players have also increased by INR 4,500/MT in a month’s time. Presently, 12 mm rebar prices in the state are in the range of INR 27,300-27,500/MT (excise duty and other taxes extra).
Historical record of rebar gauge parity in Raipur
|
Old Gauge Parity |
Old Gauge Parity w.e.f 27 May’15 |
New Gauge Parity |
| Base price =28 mm | Base price =28 mm | Base price =28 mm |
| 8,32 mm = Basic+2,000 | 8,32 mm = Basic+2,400 | 8,32 mm = Basic+2,600 |
| 10,12 mm = Basic+1,500 | 10,12 mm = Basic+1,800 | 10,12 mm = Basic+2,000 |
| 16,20,25 mm=+800 | 16,20,25 mm=+1,200 | 16,20,25 mm=+1,600 |
Gauge parity in INR/MT
Source: SteelMint Research
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