India: Wire rod prices rise sharply by INR 1,000/t d-o-d

Domestic steel wire rod manufacturers in Raipur, Chhattisgarh have further increased prices today by INR 1,000/t to INR 61,500/t exw d-o-d. The rising trend in prices continued from the last couple of days owing to active trade and transactions in the spot market. Trade discounts given by suppliers are hovering at INR 500-800/t.


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