Author: Piyush S Verma
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India: Wire rod trades pick up slightly as offers drop by INR 1,000/t in Raipur
Steel wire rod trades improved slightly in Raipur, Chhattisgarh after manufacturers reduced offers by INR 1,000/t. Today, around 1,950 t deals were recorded from a few suppliers in the spot market at a price range of INR 52,600-53,000/t exw. However, trade activity is yet to gain momentum as most of the manufacturers have observed weak…