India: Spot trade prices range bound in Raipur wire rod market

Raipur-based steel wire rod manufacturers kept offers stable today at INR 52,100/t exw. However, buying enquiries and trade were still impacted by high fluctuations in semi-finished steel prices in key markets. Spot trade prices have been range bound from last couple of days and around 3,900 t deals were reported by Raipur-and Raigarh-based suppliers at INR 51,100-51,500/t exw and FOR basis.


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