India: Wire rod manufacturers increase offers by INR 700/t in Raipur

Steel wire rod manufacturers in Raipur, Chhattisgarh, after selling bulk quantity till late hours on yesterday’s trading session, have hiked offers by INR 700/t to INR 53,200/t exw today. However, limited buying enquiries were noticed and around 3,200 t deals were reported by Raipur- and Raigarh-based suppliers at INR 52,200-52,500/t exw and FOR basis, SteelMint learned.


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