Author: Piyush S Verma
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India: Wire rod offers edge down in Raipur, demand still subdued
Induction furnace-route steel wire rod manufacturers have cut their offers today by INR 400/t to INR 52,300/t exw. However, buying enquiries did not pick up even after the price cut. SteelMint recorded limited trades of around 750 t in today’s session in the price range of INR 51,000-51,300/t exw. Wire rod trade reference prices in…