India: Limited wire rods deals concluded in major markets

Major induction furnace-route steel wire rod markets saw limited trade today owing to weak sentiments in the semi-finished steel market in northern region. Around 1,900 t of deals were concluded by Raipur-based manufacturers at INR 50,000-50,500/t exw while 2,650 t were sold by Durgapur suppliers at INR 49,500/ exw.


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