Author: Piyush S Verma
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India: Wire rod offers increase by INR 600/t in Raipur on improved trading
Raipur-based steel wire rod producers have increased prices by INR 600/t d-o-d to INR 52,600/t exw today. Around 4,700 t deals were recorded in the spot market at the price range of INR 51,500-52,000/t exw. Meanwhile, a few deals were also concluded from Odisha market at around INR 51,800/t FOR basis. Rising semi-finished steel prices…