Local and import wire rod prices in India

Thursday, 30 January 2014 11:26:18 (GMT+3)   |   Istanbul
Market sources report that wire rod prices in the local Indian market can be found in the range of INR 37,000-39,000/mt ($589-621/mt) delivered. Meanwhile, offers from China, which is the India's most important wire rod supplier, stand at $555-570/mt CFR. Sources tell SteelOrbis that demand for wire rod is on the poor side in India.
 
$1 = INR 62.83

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Diameter 5 - 12 mm
 
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Diameter 5.5 - 16 mm
 
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