Raipur wire rod manufacturers observed limited buying enquiries consecutively for the second day. Around 950 t was sold by a few suppliers in Raipur and Raigarh market. Prices declined by INR 500/t to INR 54,500/t today. Weak sentiments in semi-finished steel weighed on trading activity, leading to suppliers offering high tradable discounts of around INR 1,500/t.
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