Author: Piyush S Verma

IF-route wire rod prices in Raipur remained stable for the second straight day at INR 54,000/t exw d-o-d. However, weak sentiments led to slow trading in the spot market. Only 1,000 t deals were recorded as most buyers adopted a wait-and-watch policy for bulk transactions and only need-based purchases were seen. Trade discounts via suppliers…