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17 Sep
12:07

Italian wire rod tumbles in stagnant market

Italian wire rod prices are falling month-on-month in a stagnating domestic market with a lack of orders, market participants tell Kallanish. Competition from cheaper imported material and general economic uncertainty are also affecting sales. After a very sluggish July and August, sales have not recovered in September and players in the market are concerned by the lack of activity in the end-user sectors. Buyers are making onl…
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