Category: Wire Rod

India’s induction furnace (IF) route steel wire rod prices edged lower m-o-m in August 2024 amid a lack of buying interest. The monthly average prices in Raipur dropped by INR 1,200/tonne (t) ($14/t) to INR 42,500/t ($506/t) in August as against 43,700/t ($520/t) in July. Similarly, in the Durgapur market, monthly average prices declined by…