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29 Sep
11:48

Italian wire rod mills eye October hike

Italian drawing-quality wire rod prices are seen increasing in transactions again in October by €20/tonne ($23) from the current price in September, mills and buyers tell Kallanish. Producers are mulling €460/t ex-works for next month. Buyers have been restocking this month, despite the market being quiet. Transactions have gone up from €400-420/t ex-works in August to €440-445/t ex-works in September. The increase is due to drawing m…
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