Intel Details

India: Wire rod prices stable in Raipur, trade remains weak

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3 Aug 2022, 18:06 IST
Steel Mint Intel

IF-route wire rod prices in Raipur remained stable for the second straight day at INR 55,500/t exw d-o-d. Amid dull enquiries and cautious buying at high prices, some manufacturers have decided to curtail supply in the spot market and put their mills on maintenance for a couple of days. They would rather prefer to dispatch previous booking orders. Trade discounts via suppliers stand at over INR 1,500/t.

3 Aug 2022, 18:06 IST
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