SteelOrbis is informed that wire rod prices in the local Indian market have moved up by $10/mt since last week to $590-610/mt delivered. Meanwhile, Chinese wire rod offers to the country have also indicated an increase of $10/mt over the same period, with prices reaching $555/mt CFR.
Even though Chinese exporters have revised their wire rod offers upwards, Indian buyers still consider Chinese offers to be at attractive levels.
Local and import wire rod prices in India
Marketplace Offers
Wire Rod
Diameter
6.5 - 60 mm
Tedarikçi
BRILLIANCE MAHK IMPORT & EXPORT (SHANGHAI) CO., LIMITED