Local market sources report that prices of domestic wire rod with 5.5 mm thickness in India have decreased by INR 500/mt ($7/mt) over the past week to INR 48,700/mt ($641/mt) ex-yard.
$1 = INR 75.90
Local wire rod quotations in Indian market - week 51
Ajoy Das
EditorI graduated from the University of Kolkata with a degree in economics and have three decades of experience in reporting for leading print media publications, covering key manufacturing industries like iron and steel, energy (fossil and renewable), chemicals and petrochemicals and mining sectors (coal, bauxite, iron ore and copper). I work as a correspondent for SteelOrbis reporting on the Indian steel industry covering pricing and trade trends across the value chain, capacity creations and utilizations, corporate developments, government policy frameworks and industry related news.
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