- Raipur-based wire rod manufacturers have kept offers stable today at INR 53,500/t exw amidst volatile semi-finished steel prices and lack of transactions. As demand was moderate at the prevailing offers, producers decided to keep offers firm to improve sales.
- Meanwhile, resellers have increased trade discounts to around INR 1,500-1,700/t against INR 1,300-1,500/t on Saturday, SteelMint learned.
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