Steel wire rod suppliers in Raipur witnessed weak buying enquiries today. Around 1,850 tonnes of deals were concluded by some resellers at INR 51,900-52,200/t exw. Consistent fluctuations in semi-finished prices and uncertain market directions over the last few days turned buyers cautious in term of procuring bulk material. However, manufacturers prefered to keep offers stable d-o-d at INR 52,700/t exw.
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