Induction route steel wire rod manufacturers in Raipur(Chhattisgarh) market increased prices today by INR 300/t to INR 58,800/t exw d-o-d. Recovery in buying enquiries and improved transactions witnessed today in the spot market pushed manufacturers to increase their offers. Trade discounts via the resellers are around INR 1,000/t, SteelMint learnt from sources.
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