Tag: Indian wire rod

India: Weak market sentiment weighs on wire rod prices in May’26

Jun 3, 2026

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by

Akshay Bedekar

in Finish long

IF-route wire rod prices hit 4-month low amid muted demand BF-route prices remain stable m-o-m amid limited availability India’s induction furnace (IF) route wire rod prices fell sharply in May 2026, reaching a four-month low in the key markets of Raipur and Durgapur, primarily due to weak sales activity throughout the month. The downtrend was…