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Italian wire rod prices are flat this week, with continued slow demand for domestic material and buyers in wait-and-see mode, market participants tell Kallanish. Domestic producers continue to ask for between €980-1,000/tonne ($978-998). Contract prices are hovering at €950-1,000/t ex-works for drawing-quality material, unchanged compared to the beginning of the month. Demand from drawing mills is unreliable and distributors’ purchases continue to…
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