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17 Oct
11:25

Italian wire rod finally bottoms

Italian wire rod prices appear to have stopped falling. This follows a significant decline both last month and so far this month, with prices seeming to have found a certain stability, market participants tell Kallanish. Competition from cheaper imported material remains strong however and is continuing to affect domestic sales. As witnessed last month, sales activity remains slow while buyers are making only low-tonnage purchases whilst usin…
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