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12 Jan
16:18

Northern European rod prices stable, market foresees increase

Northern European wire rod prices have remained stable this week after the winter holidays ended and activity began to return to the market, sources say. Some expect prices to increase by the end of January. “The integrated mills for long products are looking for orders,” a buyer from the Netherlands tells Kallanish. However, so far, domestic transaction prices for drawing-quality wire rod are at €710/tonne ($766/t) ex-works and mesh-grade wire …
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