25
Jun
11:18
Italian wire rod prices climb up again
Italian wire rod makers are pushing up prices again on high scrap values and strong export demand. Domestic demand, however, has waned in recent weeks as customers are now refusing further increases and adopting a wait-and-see attitude.
Demand for both drawing- and mesh-quality wire rod remains strong in northern Europe, where prices have now exceeded the level of €900/tonne ($1,074) ex-works due to short supply. Italian mills are compensating for slow Italia…
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Anonymous
Very good overview of the weekly steel market.
Anonymous