Wire rod prices remain high in central India, over 4,000 t deals reported from Raipur

Steel wire rod manufacturers in Raipur, Chhattisgarh, kept prices high owing to decent volume of previous booking orders and delay in dispatches and deliveries in the spot market. Around 4,000 t of trades were reported by a few suppliers today in the price range of INR 52,500-53,000/t exw. However, due to shortage of material, a few manufacturers quoted offers at INR 53,700/t, up by INR 1,200/t as against yesterday.


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