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07 May
10:16

Italian wire rod prices hold despite few orders

Despite the restart of the entire Italian steel sector, domestic wire rod sales have not increased so far. Producers are registering very weak demand and virtually no transactions. However, this month prices remain unchanged compared to February pre-lockdown levels and producers do not intend to lower quotes, market participants tell Kallanish. Before the lockdown, wire rod buyers, and particularly those purchasing the very high grades and mesh, rushed to stock up…
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