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13 Apr
11:11

Italian wire rod demand stays strong

Italian wire rod sellers see stable prices for the remainder of April and possibly a €10/tonne ($11) increase next month, given the strong demand for the product and its derivatives, sellers and buyers tell Kallanish. With EU rod safeguard quotas almost exhausted, apart from those for Russia and Turkey, sellers have noticed a surge in demand for local material. The market has registered lower import prices, but this has not caused local values to go down. Imp…
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