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09 Feb
15:32

Northern Europe wire rod prices remain flat

Northern European wire rod prices have remained stable this week amid a slow market, sources say. Most participants expect Monday’s earthquake in Turkey could influence the market this month amid lower trade activity. “Orders continue to be only for small volumes and European steel mills are not in a hurry to increase production due to high production costs,” a buyer tells Kallanish. Domestic transaction prices for drawing-quality wire rod are a…
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