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19 Jun
10:31

Italian wire rod suffers in slow market

Italian wire rod prices are remaining steady at the low levels seen at the beginning of June. However, demand is stagnating and sales volumes have been extremely poor both this week and last, market participants tell Kallanish. As at the end of last month, customers are delaying purchases because they are expecting significant price reductions in the coming days in line with the domestic decline in scrap values. Imported Turkis…
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