Steel wire rods market picked up the momentum in terms of trades and transactions as observed for last three-four days, in line with that manufacturers also increased their offers consistently. Raipur manufacturers increased offers by INR 500/t to INR 49,300/t exw, and around 2,000 t deals reported by some traders at INR 48,300-48,600/t exw. In Durgapur market around 1,500 t deals concluded at INR 48,500-48,700/t exw.

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