India: Raipur wire rod market sees mixed buying sentiments

Steel wire rod market in Raipur, Chhattisgarh saw mixed buying sentiments today. In the first half, few suppliers traded around 1,300 t at INR 51,400-51,800/t exw whereas demand turned muted in the second half owing to the decline in semi-finished steel prices in key regions. Wire rod offers increased by INR 200/t d-o-d to INR 52,200/t exw on 21 Sep’22.


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