Induction furnace steel wire rods manufacturers in Raipur raised prices by around INR 2,000/t over the last couple of days. The current offer for 5.5mm wire rod stands at INR 65,000/t exw, with trade discounts hovering around INR 500/t. However, limited transactions were observed due to high prices and trade discounts via the resellers were recorded at around INR 1,000/t.
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