India: Raipur wire rod market see weak enquiries

Steel wire rod suppliers in Raipur, Chhattisgarh reported weak buying enquiries in today’s trading session. Only a few deals of 600 t were reported in the price range of INR 51,000-51,500/t exw. However, manufacturers have kept offers stable at INR 52,000/t exw and gave a trade discount of INR 500-700/t but owing to weak sentiments, no major deal was concluded, SteelMint learned.


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