Author: Piyush S Verma

Induction furnace-route steel wire rod market in Raipur saw improved buying enquiries and trades in today’s session. Around 6,200 t deals were recorded at the price range of INR 52,000-52,500/t exw. The conversion spread from steel billets (100*100mm) to wire rods (5.5mm) currently stands at INR 4,100-4,400/t. Wire rod prices in Durgapur market are hovering…