Induction furnace steel wire rod manufacturers in Raipur further increased prices today by INR 1,000/t d-o-d to INR 58,000/t exw, with trade discounts of INR 500/t. Prices are remaining supported on high raw materials costs and moderate booking over the last couple of days. Trade discounts via the resellers in the spot market are hovering over INR 2,000/t.
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