Induction furnace-route steel wire rod manufacturers in Raipur, central India, kept offers stable at INR 49,000/t exw d-o-d. Moderate trades and transactions over the last couple of days in the wire rod segment and marginal fluctuations in semi-finished steel prices led manufacturers to keep prices firm. Spot trade discounts via the resellers, however, are over INR 1,000/t.
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