India: Weak market sentiments impact wire rod trade

Steel wire rods trade and buying enquiries saw a dull in spot trade market in today’s trading session. Weak market sentiments in northern region in semi-finished steel prices led buyers inactive in market today. Around 850 t of deals were concluded by some Raipur-based traders at INR 46,700-47,000/t exw, and in Durgapur market approx 1,150 t deals at INR 47,400-47,500/t exw.


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