Wire rod prices soften in Indian market - week 27

Tuesday, 03 July 2012 11:28:53 (GMT+3)   |  
       

SteelOrbis has learned that in the Indian domestic market long steel producers' wire rod offers have softened by $20-25/mt as compared to last week. Accordingly local mills' mesh quality wire rod offers are now at $690-720/mt, while their drawing quality wire rod quotations are currently standing at $720-750/mt. Both price ranges are ex-mill and including local taxes.

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