04
Jun
11:45
Italian wire rod prices decline in quiet market
Italian wire rod prices are on a declining trend as demand stagnates and the market is quiet, market participants tell Kallanish.
Customers prefer not to commit and are delaying their purchases. Competition from imported Turkish and Russian material is also putting some pressure on domestic prices. Imported material is offered at €465-470/tonne ($523-534/t) cif from traders. 20,000 tonnes of material is expected to reach Italian ports in…
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Anonymous
Very good overview of the weekly steel market.
Anonymous