01
Sep
12:42
Wire rod prices to increase in Italy
The Italian wire rod market remains quiet this week with demand subdued and buyers in wait-and-see mode. Buyers who spoke to Kallanish say they will decidedly refuse to buy at increased prices. Their stocks remain medium-high.
After halting sales, some producers are increasing prices by €100/tonne ($99.8) compared to August levels, reaching €1,000/t for drawing-quality material.
Wire rod derivatives should also increase by €100-150/t. There were st…
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Anonymous
Very good overview of the weekly steel market.
Anonymous