India: Active trade supports wire rod prices in Chhattisgarh

Steel wire rod demand remained active in Raipur and Raigarh markets, Chhattisgarh. Today, around 5,000 t deals were recorded by a few major suppliers at the price range of INR 53,800-54,500/t exw. However, in evening hours, a few suppliers increased offers to INR 55,000/t exw. Rising semi-finished steel prices in key markets supported buyers to actively procure the material, SteelMint learned.


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