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12 Oct
15:55

Northern European rod prices remain flat

Northern European wire rod prices have mostly remained flat this week amid some deals in the market, sources say. However, some participants continue to expect new price hikes later this month amid European demand. “There are some new orders that have been placed at European steelworks, and this could influence the market,” one trader tells Kallanish. Domestic transaction prices for drawing-quality wire rod are at €600/tonne ($633/t) ex-works an…
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