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16 Jan
12:15

Italian wire rod flattens in uncertain market

The Italian wire rod market remains uncertain this month with stable month-on-month prices. The restart of activity after the holiday has been slow so far with only small-volume contracts signed, market participants tell Kallanish. Drawing mills and distributors forecast stable prices in January as their activity continues to drag, hit by uncertainty, and are now in a wait-and-see mood. After not quoting new January prices in the first days of the month, local va…
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