India: Raipur wire rod trade discounts unchanged, offers stable

Raipur-based steel wire rod suppliers kept trade discounts unchanged d-o-d at INR 1,200-1,400/t. The base offer of Raipur wire rods was at INR 48,000/t, stable d-o-d. In today’s session, buying enquiries and trades were limited as buyers were holding back bulk procurement and cautiously watching the semi-finished price trend in the key markets, sources said.


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