Induction furnace steel wire rod manufacturers in Raipur, Chhattisgarh increased prices on 15 Feb’22 by INR 800/t to INR 51,800/t exw. Recovery in buying enquiries and transactions today pushed manufacturers to raise offers despite weak sentiments in the semi-finished steel market. Trade discounts in the spot market offered by the resellers are at INR 300-500/t.
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