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08 Feb
11:22

Italian wire rod values flatten in uncertain market

Italian wire rod prices are stable compared to January in a market considered quiet amid zero restocking activity or apparent demand, market participants tell Kallanish. Buyers are purchasing small tonnages and say that downstream demand is unreliable because of the current high prices. End-users are also buying smaller volumes and finding the current high values responsible for the slowdown in downstream activity. Meanwhile, traders are offering Russian and…
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