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29 Dec
16:14

North European rod market eyes January price increase

Northern European wire rod prices increased slightly in December, as some steel mills temporarily stopped production due to high energy costs and the Christmas holidays. Sources expect further increases in January due to good demand. “I think we can expect two scenarios in the beginning of the year – an increase of more than €100/tonne ($113) or no offers anymore when the mills will stop production because of explosive energy prices,” a buye…
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