27
Jul
12:28
Italian wire rod market continues to stagnate
Italian wire rod prices remain stable compared to the beginning of the month, despite producers attempting to slightly push up values. July has not brought any surprises in terms of sales volumes, as there has been a very low level of restocking for end-August delivery.
Producers’ margins are squeezed between the high cost of processing and low selling values. European consumption of wire rod is somewhat lower than the pre-pandemic period but costs remain at…
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Anonymous
Very good overview of the weekly steel market.
Anonymous