Raipur, Chhattisgarh-based steel wire rods suppliers offered attractive trade discounts of over INR 2,500/t, with weak market sentiment slowing down trading activity even as prices hovered at record highs. Weak demand at high prices pushed traders to offer more lucrative discounts in order to liquidate material and recover losses. However, manufacturers kept offers stable at INR 65,000/t exw.
Leave a Reply