Category: Wire Rod
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India: Mills Lower Wire Rod Production in Apr’19 On Falling Offers
Indian mid sized & large scale Wire rod industry remained under pressure in Apr’19 as prices continued to drop, this resulted in curtailment of production, as per recent data released by Joint Plant Committee(JPC). SteelMint learned that, total wire rod (non-alloy) production in India fell by 15% M-o-M in Apr’19. Production through the large scale…