Author: Akshay Bedekar
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India: Wire rod prices rise sharply in Jan’26; outlook remains positive
Healthy sales, rising raw material costs lift wire rod prices Maintenance downtime at BF mills may tighten supply in Feb Indian wire rod prices surged sharply m-o-m in January 2026 in the induction furnace (IF) and blast furnace (BF) segments. Market sentiment was positive, supported by rising raw material prices and reduced inventory pressure at…