Author: Piyush S Verma
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India: Wire rods trade improves in Raipur at lower offers
Wire rods manufacturers reduced their offers today by INR 1,000/t to INR 49,000/t exw. Lower offers made buyers active and trade improved marginally d-o-d. Around 3,200 t of deals were concluded by some manufacturers and traders at INR 48,200-48,700/t exw (depending upon the quantity and payment terms). Meanwhile, in Durgapur market, 1,950 t of deals…