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Mild steel binding wire is a type of wire made from low carbon steel that is commonly used for binding and tying applications in construction, manufacturing, and other industries. It is also known as soft wire or black wire due to its dark appearance.This wire is usually manufactured by drawing and annealing high-quality steel rods. The annealing process involves heating the wire to a high temperature and then slowly cooling it down, which makes the wire more malleable and easier to work with.