Category: Wire Rod

Sponge iron, billet prices see uptrend Production cuts to weigh on supply India’s induction furnace (IF) route steel wire rod prices surged m-o-m in the major central and eastern markets in September 2024. Raipur’s spot prices rose INR 3,200/tonne (t) ($38/t) to INR 45,300/t ($539/t) as against INR 42,100/t ($501/t) in August, and Durgapur’s increased…