Category: Wire Rod
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India: IF-route wire rod prices drop INR 1,100/t w-o-w in key markets
India’s induction furnace (IF) wire rod market witnessed a price correction of up to INR 1,100/t w-o-w as demand continued to remain weak in the major markets of Raipur and Durgapur in central and eastern India. Deals of around 9,450 t were recorded in Raipur this week, as per SteelMint data. On a weekly basis,…