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10 Jun
12:02

Italian wire rod prices seen increasing again

Italian wire rod prices are seen increasing again, with mills hiking offers by €30/tonne ($36) thanks to strong export and domestic demand, sources tell Kallanish. Some producers are already beginning to talk about pushing up their prices to €850/t ex-works, also due to growing new arisings scrap grade E8 prices, which are currently at €500-515/t delivered in Italy. Wire rod mills throughout Europe have full order books, a French source also confir…
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