Category: Wire Rod

Steel wire rod witnessed weak buying enquiries in today’s trading session in the Raipur market despite an attractive trade discount offered by resellers. The discount increased by INR 100-300/t to INR 1,700-2,000/t d-o-d, while manufacturers kept offers prices stable at 47,000/t. Traders are cautious about booking bulk volumes due to fluctuations in semi-finished steel prices, …