Author: Piyush S Verma
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India: IF-route wire rods prices surge INR 1,500/t w-o-w in key markets
India’s induction furnace (IF)-route wire rods market saw a rise in prices by INR 1,500/tonne (t) w-o-w in major supplying markets of eastern (Durgapur) and central (Raipur) regions. On a w-o-w basis, trade reference prices of wire rods in Raipur jumped by INR 1,400/t to INR 51,300/t exw as on 5 January 2023 as against…