07
Mar
12:27
Italian wire rod flattens amid low demand
Italian wire rod buyers continue to shun large-volume purchases due to low end-user demand and uncertainty, market participants tell Kallanish.
Prices remain mostly stable on last month, but producers are mulling increases due to hiking values of scrap in Italy. Local drawing-quality material is stable at €660-680/tonne ($703-725/t) ex-works. Customers are pushing to achieve €650/t ex-works but local producers are pushing back for €690-700/t ex-work…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous