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29 Sep
Italian wire rod prices are falling by some €50/tonne ($48) this month, the result of a continued seller-buyer standoff and fear of purchasing on the side of distributors and end users, market participants tell Kallanish. Domestic producers are asking for €900/t ex-works for drawing-quality material, down from €980-1,000/tonne at the beginning of September. Contract prices are hovering at €850-900/t ex-works for drawing-quality wire rod, but ac…
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