Author: Piyush S Verma
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India: Wire rod trade in Raipur remains limited despite high discounts
IF-route wire rod manufacturers in Raipur kept offers stable today at INR 54,000/t exw d-o-d. However, weak sentiments and fall in semi-finished steel prices impacted trading activity. Only 950 t deals were recorded despite high trade discounts of over INR 1,500/t in the spot market.