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15 Dec
13:12

Italian wire rod market expects January increase

Italian wire rod prices are expected to increase in January on higher energy and production costs. Values this week are stable compared to the beginning of the month and some restocking is happening before the sector shuts down next week for the Christmas holiday break, market participants tell Kallanish. Drawing mills and distributors do not expect any change in demand in January and forecast a slow market. They are purchasing small volumes domestically and refus…
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