India: Heavy structural steel manufacturers revise gauge parity from 2 Jan'23
Raipur-based IF-route heavy structural steel manufacturers have decided to revise the gauge parity in most of the sizes (angle, channels and beams) w.e.f 2 Jan, 2023 to improve the margins from steel billets. However, offers remained stable today at INR 55,000/t exw d-o-d for basic 150 mm channel, and trade discounts were hovering around INR 2,000/t.