Category: Wire Rod

Cautious demand, healthy trade discounts drive down prices Prices of raw materials – billets, sponge iron – plunge m-o-m  Indian wire rod prices declined m-o-m in June 2025. In the induction furnace (IF)-route segment, wire rod prices witnessed a monthly average decrease of INR 1,800/tonne (t) ($21/t) to INR 40,800/t ($478/t) exw-Durgapur and by INR…