India: Wire rod prices rise by INR 800/t d-o-d in Raipur, Chhattisgarh

Induction furnace steel wire rod manufacturers in Raipur increased prices again by INR 800/t to INR 52,500/t exw d-o-d today. The momentum of rising prices is supported by active buying inquiries and trades for around 4,900 t was recorded by SteelMint in today’s trading session. Trade discounts offered by the resellers in the spot market are hovering around INR 500-800/t.


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