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14 Jul
15:52

Northern European rod market expects increases amid restocking

Northern European wire rod prices have slightly decreased this week due to higher energy costs in Europe. However, some sources continue to expect rod prices to increase again soon. “The steel mills in the EU are relaxed for now, because they sold the volumes they require to fill the planned capacity in July and will halt output in August due to the summer holidays,” a buyer from the Netherlands tells Kallanish. “However, they can later increase …
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