India: Wire rod trades improve, prices remain range bound in Raipur

The steel wire rod market in Raipur, Chhattisgarh witnessed active trade in today’s session after semis prices in northern region increased. Confirmed deals of around 6,500 t were reported by Raipur- and Raigarh-based suppliers in the price range of INR 50,800-51,200/t exw and FOR basis. Meanwhile, a few manufacturers raised offers by INR 200/t to INR 51,700/t exw as trading improved.


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