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08 Feb
11:16

Italian wire rod prices hike on strong demand

Italian wire rod prices are forecast to reach €700/tonne ($842) this month as strong demand and full order books are contributing to a very dynamic market, sellers and buyers tell Kallanish. All increases implemented in recent weeks have been successfully passed on to customers, and prices of high-grade product are skyrocketing. Drawing mills have full order books. Demand is particularly strong from appliance makers. This justifies a further €20/t increa…
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