1. Manufacturers of Wire Rod
(size is 5.5 mm) in India kept offers at same levels in places like Raipur and Durgapur.
2. There has been no improvement in demand.
3. Further, demand is expected to remain as it is.
4. Prices for Wire Rod alongwith other wires is expected to remain range bound in near term.
5. Production capacity remains around 70%.
Leave a Reply