Domestic steel wire rod manufacturers in Raipur, Chhattisgarh kept offers stable d-o-d at INR 54,500/t exw. However, limited trade was seen in the spot market. About 900 t was sold by a few key suppliers. Rising semi-finished steel prices specifically in northern region supported manufacturers to keep offers on the higher side despite weak trading in the market. Trade discounts are hovering at around INR 1,300/t.
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