Induction furnace steel wire rods manufacturers in Raipur increased prices by INR 1,000/t today to INR 59,000/t exw d-o-d, with trade discounts of INR 500/t. Rising steel prices and high raw material costs amid moderate buying enquiries observed in today’s trading session kept prices supported. Trade discounts via the resellers in the spot market are hovering around INR 1,500/t.
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