Steel wire rods market picked up slight momentum in terms of trades and transactions d-o-d in Raipur. In the context of an active demand in the spot market due to an increase in steel billets prices, and OMC’s auction receiving a moderate response. 3,700 t of deals were reported at INR 47,600-48,000/t exw. In Durgapur market, 2,600 t of deals concluded at INR 48,000-48,300/t exw.

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