India: Wire rod prices in Raipur stable d-o-d

  • Induction furnace-route steel wire rod offers through the manufacturers in Raipur remained stable d-o-d amid limited trade.
  • Active buying enquiries were observed in the first half but activities slowed down in the evening.
  • In today’s trading session, around 1,100 t deals were reported by a few Raipur-based suppliers at a price range of INR 50,800-51,300/t exw.

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