Category: Wire Rod
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India: Raipur wire rod offers stable, trade discounts increase
Raipur-based wire rod manufacturers have kept offers stable today at INR 53,500/t exw amidst volatile semi-finished steel prices and lack of transactions. As demand was moderate at the prevailing offers, producers decided to keep offers firm to improve sales. Meanwhile, resellers have increased trade discounts to around INR 1,500-1,700/t against INR 1,300-1,500/t on Saturday, SteelMint…