Category: Wire Rod

Festive season, extended monsoon impact trade Elevated inventories at mills drag down prices Indian wire rod prices neared five-year lows in October 2025 amid sluggish buying inquiries. In the induction furnace (IF)-route segment, wire rod prices witnessed a monthly average decrease of INR 1,300/tonne (t) ($15/t) m-o-m to INR 37,900/t ($427/t) exw-Durgapur and fell by…