08
Mar
12:56
Procurement worries paralyse Italian wire rod market
Italian wire rod prices are increasing significantly compared to pre-Ukraine war levels as material availability is becoming scant and all producers are implementing production stoppages.
The market has heard of order cancellations from both traders and some local mills, with customers growing nervous about procurement. With output reduced due to semi-finished steel and ferroalloys shortages, the main concern for customers has become procuring material, while spik…
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Anonymous
Very good overview of the weekly steel market.
Anonymous