Category: Wire Rod

  • India: Wire rod prices fall sharply as demand weakens

    India: Wire rod prices fall sharply as demand weakens

    End-users remain cautious amid uncertain market trends BF-origin wire rod prices drop INR 1,900/t ($22/t) m-o-m  Indian wire rod prices dropped in May 2025. In the induction furnace (IF)-route segment, wire rod prices witnessed a monthly average decrease of INR 3,620/tonne ($42/t) to INR 42,322/t ($494/t) exw-Durgapur. Prices fell by INR 2,290/t ($27/t) to INR…