Author: Piyush S Verma
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India: Raipur wire rod prices increase sharply by INR 1,500/t d-o-d
Induction furnace-route steel wire rod manufacturers in Raipur further increased prices today by INR 1,500/t to INR 64,500/t exw d-o-d, with trade discounts of INR 500/t. The rising trend in wire rod prices continued, supported by higher raw material costs and active demand in the market. However, trade discounts via resellers in the spot market…