Category: Wire Rod
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India: Raipur wire rod prices rise for the third day in a row
Wire rod prices in Raipur increased today by INR 1,000/t to INR 46,600/t exw, while trade discounts in the spot market by suppliers hovered at around INR 1,200-1,500/t owing to disparity in prices between sellers and resellers, which was also witnessed in the spot market. Improved trade enquiries and rising steel billet prices supported manufacturers…