Category: Wire Rod
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Increasing Stock with Eastern India Wire Rod Mills Pull Down Prices to Over 1 Year Low
Wire rod prices in eastern India are hovering at 1.5 years low as these levels were last seen in Dec’17. On account of piling up of stocks with the mid sized mills coupled with limited demand has kept market under pressure. The current trade reference prices of 5.5mm Wire rod in Durgapur, eastern India stands…