Domestic steel wire rod prices in Raipur, Chhattisgarh were stable d-o-d at INR 54,200/t exw. However, limited trade was seen in the spot market. About 3,150 t deals were concluded by some key suppliers in the region. Adequate previous orders and marginal fluctuations in semi-finished steel prices prompted manufacturers to keep offers stable. Trade discounts are hovering at around INR 1,000/t.
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