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16 Oct
09:45

Italian wire rod prices enjoy booming demand

Italian drawing-quality wire rod prices are stable in transactions compared to the beginning of October. This follows a €20/tonne ($23) increase from September, market participants tell Kallanish. Wire rod remains at €460-475/t ex-works. However, the high point of the range is paid less frequently. Demand is booming from clients who supply the appliances sector. A buyer who supplies customers such as Bosh and Whirlpool says he had to double his wire…
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