Author: Piyush S Verma
-

India: Wire rod demand remains weak on higher prices, dull market sentiments
Induction furnace-route steel wire rods market remained weak in major markets. Today, around 1,700 t deals were reported by few manufacturers and resellers based at Raigarh and Raipur at INR 44,800-45,300/t exw & FOR Raipur. SteelMint learned that buyers opted wait-and-watch mode amid declining steel billets prices and weak market sentiments in the key regions.…