India: Wire rods manufacturers raise offers by INR 700/t in Raipur, Chhattisgarh

Domestic steel wire rods manufacturers in Raipur increased prices today by INR 700/t to INR 62,200/t exw d-o-d. Recovery in demand and trades in the spot market during the late trading hours yesterday led producers to increase prices today. Moderate buying enquiries were observed at prevailing offers today and the resellers offered trade discounts of around INR 1,000/t.


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