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27 Jul
15:48

Northern European rod prices decrease on low demand

Northern European wire rod prices have decreased for most sorts this week in a sluggish market, sources say. Some participants expect further decreases due to low demand and summer holidays in Europe. “Most customers do not want to purchase this product until the end of the summer, because there is practically no activity in this market,” one buyer from the Netherlands tells Kallanish. Domestic transaction prices for drawing-quality wire rod are at &…
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