India: Wire rods enquiries slow down again amid volatile trends

After having recorded bulk deals of over 13,500 t on 19 Nov’22 following the roll-back of steel export duty by the government, the wire rod market has again turned weak today. Buying enquiries and trade in Raipur turned subdued due to highly volatile trends. SteelMint recorded only 1,400 t of deals today at INR 47,200-47,800/t exw.


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