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08 Aug
18:12

Black Sea wire rod exporters face demand dearth

Russian mills observed minimal activity in the Black Sea wire rod export market during the last week, as major producers concentrated on selling domestically or to nearby CIS markets using land transportation. There was in any case no interest from foreign buyers, so only producers with port proximity and established distribution networks abroad were present in export deals, market participants inform Kallanish. The recent substantial devaluation of the rouble ag…
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