09
Jun
11:26
Italian wire rod market stagnates
The Italian wire rod market remains in a lull this week, with sluggish sales and declining prices. Both distributors and drawing mills are expecting more price declines in June due to the slow demand from their customers.
“This may be the result of the skyrocketing sales that we’ve seen in the first quarter of the year, when all buyers rushed to purchase amid skyrocketing prices and short supply. We are now going back to pre-Covid demand, but we need t…
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Anonymous
Very good overview of the weekly steel market.
Anonymous