Wire rod prices remain elevated in Raipur, central India

Steel wire rod manufacturers in Raipur opened today’s trading session at stable levels of INR 51,000/t exw Raipur after an increase of INR 1,000/t yesterday. Prices received support from improved trade volumes in the late hours of the last trading session. However, in the spot market today resellers are offering discounts in the range of INR 600-800/t depending upon availability of material and billet prices.


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