India: Wire rod manufacturers increase prices by INR 500/t in Raipur

Steel wire rod manufacturers in Raipur increased prices by INR 500/t to INR 52,800/t exw today, after having sold decent quantity in late trading hours yesterday. However, there were very less buying enquiries at higher prices. Around 5,350 t deals, largely of low carbon wire rods, were reported by few mills and resellers at INR 51,800-52,200/t exw.


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