India: Wire rod sales pressure reduces among Raipur manufacturers

Steel wire rods manufacturers saw adequate bookings till late hours in the last couple of days which resulted in reduced selling pressure from their mills, specifically in Raipur market. In today’s trading session, around 2,650 t deals concluded by some suppliers at INR 47,000-47,500/t exw, and in Durgapur market, approx 2,000 t of confirmed deals stand at INR 47,500-47,800/t exw.


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