India: Positive sentiments observed in wire rods market

Steel wire rods trading activities remain active and moderate transactions till late evening hours as noticed in the last couple of days specifically in Raipur market. Buyers who opted wait-and-watch mode throughout the day were active to take position and procure the material as per requirement. Today, in Raipur around 1,200 t deals reported by some suppliers at INR 47,100-47,400/t exw.


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