Induction furnace-route steel wire rods market, after seeing appropriate trades on yesterday’s session, saw weak purchase enquiries and transactions again today in major supplying regions. Around 800 t of deals were concluded by some traders in Raipur at INR 50,800-51,000/t exw and 550 t of deals were concluded by some Durgapur-based suppliers at INR 50,000-50,200/t exw. Trade volumes sharply decreased d-o-d, SteelMint assessment showed.
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