India: Wire rod manufacturers keep offers stable for 2nd consecutive day

Induction furnace-route steel wire rod manufacturers in Raipur market have kept their offers stable consecutively for the second day at INR 56,500/t exw. Increasing prices of semi-finished steel in the key markets supported them to keep prices stable. However, even at the prevaling offers, resellers are giving trade discounts of over INR 1,500/t due to weak trade enquiries and transactions.


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *