India: Wire rods trading remains active in major markets

Induction furnace-route steel wire rods market saw active trading in major supplying regions of central and eastern India. Due to positive trends in market and rising prices of raw material, buyers actively procured wire rods. Today, in Raipur (central India) market over 5,000 t deals concluded at INR 48,000-48,400/t exw, while in Durgapur(eastern India) market approximately 2,500 t deals at INR 47,500-48,200/t exw.


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