Induction-route steel wire rod manufacturers in Raipur again increased prices by INR 300/t to INR 50,500/t exw on 13 Jun’22. The price uptrend momentum was supported by the rise in semi-finished steel prices and moderate buying enquiries and deals observed in the last couple of days as well as in today’s trading session. Trade discounts via resellers hovered at around INR 500-800/t.
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