IF-route steel wire rods manufacturers reduced offers by INR 300/t in Raipur market. Owing to subdued demand, buyers opted for a wait-and-watch mode amid declining steel billets prices in the key markets. Around 700 t of trades were reported by some resellers at INR 47,600-47,700/t exw. In Durgapur, 1,000 t of deals concluded at INR 48,000-48,200/t exw.
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