Author: Piyush S Verma
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India: Wire rod prices fall by INR 500/t on weak enquiries
Raipur-based steel wire rod manufacturers further reduce the prices today by INR 500/t to INR 58,500/t exw on 11 May 2022. Consistent weak market sentiments and volatile semi-finished steel prices make buyers very cautious to procure material which forces the producers to drop the prices. Trade discounts in the spot market via suppliers is over…