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22 Feb
10:31

Italian wire rod flattens in uncertain market

Italian wire rod prices are stable compared to the beginning of February. Sales for the month are considered sluggish, with large buyers adopting a wait-and-see attitude, market participants tell Kallanish. Customers are purchasing small tonnages, as their stocks remain high after buying from traders in January. Very few import offers are currently heard as traditional suppliers, such as Russia, are absent and import quotas are exhausted for Turkish material. Smal…
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