Wire rod prices in Indian market – week 24

Friday, 15 June 2012 10:06:56 (GMT+3)   |  
       

SteelOrbis has learned that in the Indian domestic market long steel producers' mesh quality wire rod prices are at $715-745/mt, while their drawing quality wire rod quotations are at $745-775/mt. Both prices ranges, which have shown no changes over the last two weeks, are ex-mill and include local taxes.
 
Meanwhile, boron-added mesh quality wire rod offers from China to the Indian long steel market are unchanged since last week and are still standing at $630/mt CFR for July shipment.

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