Tag: Hyderabad Guage
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India: Hyderabad-based rebar producers raise gauge parity by INR 500/t ($6/t)
Rebar manufacturers in Hyderabad, Telangana, have increased the gauge parity by INR 500/t ($6/t) for all sizes from 14 Sept’22. The gauge parity for 8mm, 10mm and 32mm rebar is at INR 6,000/t and for 12-25mm at INR 5,000/t. Producers have raised parity to improve margins. Today, the margin from steel billet (100mm) to rebar…