India: Wire rod production increases 8% in Jun’21

India’s wire rod production has been inclined by 8% to 0.62 mn t in Jun ’21 and most of the companies maintained the positive percentage except JSPL which is down by 26% in Jun’21 in comparison to May ’21. Amidst fruitful margins following better demand from domestic & exports, have influenced producers to keep production higher in comparison to rebars, SteelMint notes.