India: Wire rod manufacturers keep offers stable in Raipur, Chhattisgarh

Domestic steel wire rod manufacturers in Raipur kept their offers stable at INR 50,000/t exw and the trade discounts offered are around INR 500/t. In anticipation of improved trades in the spot market, manufacturers preferred to keep prices stable. However, limited trade enquiries were seen at prevailing offers which forced the resellers to offer discounts of over INR 1,500/t.


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