29
Sep
13:11
Italian wire rod prices slide
Italian wire rod prices remain on a downward trend due to stagnating demand and competitive import offers, with end-users and distributors continuing to withhold purchases.
Drawing-quality wire rod has now fallen by €50/tonne ($58) on average compared to the beginning of September. Contracts for domestic drawing-quality wire rod are currently traded at €760-750/t ex-works. Prices are forecast to stabilise at the level of €750-760/t ex-works by the e…
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Anonymous
Very good overview of the weekly steel market.
Anonymous