21
Sep
12:35
Italian wire rod prices decline on low demand
The Italian wire rod market is going through a period of stagnation, with end-users and distributors adopting a wait-and-see attitude. This is the result mainly of the current wave of price drops across finished products and raw materials, market participants say.
Drawing-quality wire rod is now falling by €50/tonne ($58) on average compared to the high levels seen last month. Contracts for domestic drawing-quality wire rod are currently traded at €760-8…
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Anonymous
Very good overview of the weekly steel market.
Anonymous