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08 Apr
15:46

Northern European wire rod market expects price increase

Northern European wire rod prices remained flat at the beginning of April, but the expectation is they will increase due to higher demand and low stocks, observe most participants in the market. Wire rod prices in the past week have not moved since March in most cases, a producer from the Netherlands confirms to Kallanish. Domestic transaction prices for drawing-quality wire rod are currently at €660-680/tonne ($784-807) ex-works, sources say. Most buyers ar…
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