Secondary rebar manufacturers based in Jalna (Maharashtra) have decided to increase gauge parity today for all sizes by INR 200/MT w.e.f 1 Jan’16.
Jalna based secondary rebar manufacturers in a meeting held today have decided to increase gauge parity for all sizes by INR 200/MT. The new parity will be effective from 1 Jan’16.
SteelMint also spoke to a well-known rebar manufacturer based in Jalna, Mr Anil Goyal, Director of Kalika Steel, who stated,“ There were about 7 rebar manufacturers, who have decided today to increase gauge parity by INR 200/MT for all sizes of rebar w.e.f 1 Jan’16.”
Rebar offers in Jalna by secondary players have also increased by INR 300-500/MT today. Presently, 12 mm rebar prices in Jalna are in the range of INR 27,100-27,500/MT (excise duty and other taxes extra).
Historical record of rebar gauge parity in Jalna
|
Old Gauge Parity w.e.f 13 Jan’13 |
Old Gauge Parity w.e.f 3 Feb’14 |
New Gauge Parity w.e.f 1 Jan’16 |
| Basic = 20 mm | Basic = 28 mm | Basic = 28 mm |
| 8,28, 32 mm = Basic+2,200 | 8, 32 mm = Basic+2600 | 8, 32 mm = Basic+2,800 |
| 10,12,16,25 mm = Basic+1,600 | 10, 12,16, 20,25 mm = Basic+1,600 | 10,12,16,20,25 mm = Basic+1,800 |
Gauge parity in INR/MT
Source: SteelMint Research
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