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16 Apr
11:43

Italian wire rod price flattens in quiet market

Italian wire rod prices are remaining generally steady compared to beginning of April but the low point of the range has lost some €5/tonne ($5.6/t), Kallanish learns from market sources. Prices are now hovering at €500-510/t ex-works on average for the basic quality material, sources suggest. The month of April has seen a downturn in domestic sales which has been offset by good export volumes. However, producers a…
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