04
Feb
10:51
Italian wire rod prices steady in sluggish market
Italian wire rod prices remain stable month-on-month having failed to increase due to a competitive market and sluggish demand.
Market participants tell Kallanish that despite producers’ asking prices being at €450-460/tonne ($497-508/t) ex-works, the majority of transactions will not go over €410-420/t ex-works. This is due to a general sluggish demand for long products caused by the country’s weak economy in 2019 and the first quarter of 20…
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