India: Wire rods manufacturers keep offers stable in Raipur

Domestic steel wire rods manufacturers in Raipur kept their offers stable at INR 53,000/t exw d-o-d basis. High raw material costs is resulting in wire rods suppliers keeping prices high. However, over the last couple of days, higher prices have weakened trade enquiries and transactions which is pushing the resellers to offer attractive trade discounts in the range of INR 1,200-1,500/t.


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