Steel wire rods trade remained limited in major markets owing to weak and uncertain market trends in the semi finished steel in northern region. Around 2,300 t of deals were concluded by some Raipur-based manufacturers and traders at INR 48,800-49,100/t exw while 1,350 t were sold by Durgapur suppliers at INR 48,700-48,800/ exw. On procuring material buyers are still cautious, SteelMint noted.
Leave a Reply