India: Wire rod manufacturers keep offers stable in Raipur

Induction furnace-route steel wire rod manufacturers in Raipur (Chhattisgarh) kept offers firm on d-o-d basis at INR 50,500/t exw on the back of decent transactions seen in the last few days. However, weak buying enquiries were seen today in the spot market prompting resellers to offer trade discounts of around INR 1,000/t.


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