Buying enquiries for induction furnace wire rods as well as trades remained limited on higher prices in major markets. Buyers are cautious and bargaining hard to procure at lower prices. Around 1,850 t of trades were concluded by a few resellers at INR 52,300-52,500/t exw Raipur (central India) and approximately 1,450 t of trades were reported by suppliers based at Durgapur (eastern India) at INR 52,100-52,200/t exw.
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