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22 Dec
14:48

Northern European rod market remains quiet amid holidays

Northern European wire rod prices have remained stable this week amid the winter holidays and high energy costs, sources say. Some expect prices to increase in mid-January. “Activity is okay despite the holidays, and there are even high offers from the producers,” a buyer from the Netherlands tells Kallanish. “Some of them are between €750-€800/tonne ($796-$849/t).” However, so far domestic transaction prices for drawing-qualit…
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