Induction route steel wire rod manufacturers in Raipur, Chhattisgarh market increased prices today by INR 500/t to INR 60,000/t exw d-o-d on 6 May’22. Improved trades and buying enquiries during the late trading hours yesterday nudged manufacturers to increase offers today. Trade discounts in the spot market via resellers are around INR 1,000/t, SteelMint learnt.
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