Author: Piyush S Verma
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India: Wire rod trades improve, offers increase up to INR 600/t in Raipur
Steel wire rod manufacturers in Raipur, Chhattisgarh, increased offers today by INR 300-600/t to INR 49,300-49,600/t exw d-o-d. Recovery in buying enquiries and transactions was observed in the last couple of days and some mills adjusted their production, which created supply tightness in the spot market. This helped in pushing prices higher. However, suppliers are…