Author: Piyush S Verma

The base offer for IF-route wire rods in Raipur market was stable at INR 56,500/t exw d-o-d. However, due to weak enquiries, suppliers increased trade discounts to INR 1,000/t. The fall in billet prices in the key markets resulted in increase in trade discounts. Owing to weak sentiments, no major trade was heard to be…