Induction-furnace route steel wire rod market has witnessed limited buying enquiries and transactions today. Only around 1,150 t deals were reported by a few manufacturers and traders in Raipur and Raigarh market at INR 52,000-52,400/t exw and FOR basis. Subdued sentiments in semi-finished steel specifically in northern region weighed on wire rod demand, SteelMint learned.
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