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03 Dec
10:11

Italian wire rod producers seek price increases

Italian wire rod producers are seeking a €20/tonne ($22/t) increase month-on-month for delivery in January. The move is in line with increasing domestic scrap prices, market participants tell Kallanish. However, the domestic market remains difficult with sluggish demand and increased offers have not yet turned into transactions. The current increases in Italian scrap and longs’ producers asking prices have had the effect of halting the …
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