Author: Akshay Bedekar

Weak demand, supply overhang weigh on market Monsoon disruptions, festive holidays curb trades Indian steel wire rod prices plunged in September 2025. In the induction furnace (IF)-route segment, wire rod prices witnessed a monthly average decrease of INR 1,200/t ($14/t) to INR 39,200/t ($442/t) exw-Durgapur and fell by INR 900/t ($10/t) to INR 40,300/t ($454/t)…