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19 Dec
09:00

Italian domestic wire rod prices weaken

Italian wire rod prices have lost €10/tonne ($11.4/t) on average compared to last month in line with the weakness in all other long prices in the country. Sales activity for wire rod remains depressed due to market uncertainty, distribution sources tell Kallanish. This is the last working week of the year for the steel sector in Italy before the Christmas holiday. Domestic transaction prices that were at €500-510/t ex-works on avera…
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