02
Oct
13:19
Italian wire rod prices decline slightly
Italian wire rod prices are falling by some €10-20/tonne ($10.5-21.9) on average amid pressure from competitive import offers and low sales volumes throughout the entire value chain.
Demand from drawing mills is dragging as their own customers continue to order small volumes. Producers are selling one truckload for each contract and are implementing production stoppages on alternating days and weeks, Kallanish notes.
Despite the low orders, results for the f…
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Anonymous
Very good overview of the weekly steel market.
Anonymous