Induction furnace-route steel wire rod demand remained moderate today in central India’s Raipur market. Around 2,700 t of trade deals were concluded by a few suppliers based in Raipur and Raigarh markets at a price range of INR 52,800-53,500/t on 22 June. Prices remained supported on the back of healthy future booking orders and delay in dispatch from mills. Therefore, resellers have marginally adjusted trade prices as per availability of the material.
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