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02 Nov
15:46

Northern European wire rod prices remain flat

Northern European wire rod prices are stable this week amid quiet market, sources say. However, some participants continue to expect price hikes and new demand. “In the past days there are some indications that prices could go up, after prices for other commodities like scrap and iron ore are starting to increase,” one buyer from the Netherlands tells Kallanish. Domestic transaction prices for drawing-quality wire rod are at €600/tonne ($638/t) …
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