Domestic steel wire rod manufacturers in Raipur kept their offers stable at INR 52,500/t exw on 20 Jun’22. Healthy previous booking orders and delay in dispatches and deliveries from mills supported wire rod suppliers to keep prices high. However, in the last couple of days, weak trade enquiries and transactions have been observed. Trade discounts offered by the resellers – depending on delivery terms – hovered around INR 1,000/t.
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