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12 Sep
10:44

Italian wire rod prices stagnate in quiet market

Italian wire rod producers’ asking prices remain steady month-on-month but the market is particularly complex. There is some market stagnation in a quiet trading environment and activity has been slow to resume after the August summer break, sources tell Kallanish. Asking prices are now at €540-550/tonne ($626-638/t) ex-works on average while transaction prices remain in the range of €530-550/t ex-works. The high point of the range is more diffic…
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