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11 Jul
15:39

Northern European rod remains flat amid quiet market

Northern European wire rod prices are stable this week amid a quiet market in Europe, sources say. The stable trend from past months continues, despite the push from suppliers to increase quotes and the summer construction season being in full swing. “There is little happening in the market,” one trader from the Netherlands bemoans to Kallanish. Domestic transaction prices for drawing-quality wire rod are at €650/tonne ($708/t) ex-works and mesh-…
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