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21 Apr
09:52

Italian wire rod prices stabilise, demand remains poor

The Italian wire rod market is slowly coming to life as producers gradually resume work. Prices remain unchanged month-on-month but sales volumes remain extremely low with very few contracts and deliveries, market participants tell Kallanish. Before the lockdown, wire rod buyers, and particularly those purchasing the very high grades and mesh, rushed to stock up as producers filled April and May order books in January and February. As customers now have high stock…
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