Author: Piyush S Verma
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Wire rod market remains weak in central India on low buying enquiries
Raipur-based steel wire rod suppliers observed weak buying enquiries and trades in the spot market. The decline in semi-finished steel prices halted trading activities today. Most of the manufacturers quoted offers at INR 61,000/t exw, but there is no buying interest at prevailing offers and sellers are waiting for counter bids from buyers. On the…