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01 Jul
14:28

Northern European rod prices remain flat, increases expected

Northern European wire rod prices have stayed flat again this week. But the expectation is still for further hikes in July due to higher demand, limited supply and a fire at a rod plant in Belgium, market participants observe. “Wire rod prices continue to go up and will probably reach new highs this month," a buyer in the Netherlands confirms to Kallanish. “They will probably rise slowly till mid-July. After that, we expect to see some stabilisati…
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