30
Jun
12:11
Italian wire rod prices, demand continue to weaken
Italian wire rod prices continue to decline amid a market lull that is not expected to end in July. Distributors’ and drawing mills’ order books are considered thin, and stocks remain high throughout the country. The deadlock is particularly being felt in southern Italy where economic growth seems to have frozen.
After the high level of purchases of March, demand from both distributors and end-users has declined substantially since April. This, coupled…
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Anonymous
Very good overview of the weekly steel market.
Anonymous